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Slovakia HICP Inflation Slightly Down in December

Analysis

Photo by xtock/Shutterstock.com

Slovakia's EU measure of inflation continued to rise in December, albeit at a softer rate, data from the Bratislava-based Slovak Statistical Office (SÚSR) showed on Wednesday.

The EU measure of the harmonized index of consumer prices, or HICP, rose 15.0% year-on-year in December, after a 15.1% increase in November.

On a month-on-month basis, the HICP increased 0.1% in December, after a 1% growth in the previous month.

The annual average HICP inflation was 12.1% in 2022. Earlier this month, the statistical office reported that consumer prices remained unchanged at 15.4% yearly in December and rose 0.2% from a month ago.

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