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Slovakia inflation accelerates in August

Figures

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Slovakia's consumer price inflation accelerated in August, figures from the Bratislava-based Slovak Statistical Office (SÚSR) showed on Tuesday.

The consumer price index (CPI) rose 3.8% year-on-year in August, following a 3.3% rise in July.

Transport cost increased 11.1% yearly in August and alcoholic beverages and tobacco prices rose by 8.6%. Prices for communication, and recreation and culture grew by 6.6% and 3.9%, respectively.

On a monthly basis, consumer prices rose 0.4% in August, after a 0.5% gain in the previous month.

The core inflation rose to 4.5% in August from 3.9% in July. On a month-on-month basis, core CPI rose 0.4% in August, after a 0.5% increase in the prior month. 

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