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Financial News: Slovakia Inflation Steady In December

Slovakia Inflation Steady In December

01/14/2020 - 06:17:00 (RTTNews)

(RTTNews) - Slovakia's consumer price inflation remained stable in December, figures from the Statistical Office of the Slovak Republic showed on Tuesday.

The consumer price index rose 3.0 percent year-on-year in December, the same as seen in November.

Prices for food and non-alcoholic beverages grew 5.2 percent annually in December and those for education and transportation rose by 4.5 percent and 3.6 percent, respectively.

On a month-on-month basis, consumer prices edged down 0.1 percent in December, reversing a 0.2 percent rise in the preceding month.

The core inflation climbed to 2.9 percent in December from 2.7 percent in the prior month.

On a monthly basis, the core CPI fell 0.2 percent in December, reversing a 0.2 percent rise in the previous month.

On an average, the consumer prices rose 2.7 percent in 2019 compared with the previous year.

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