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The harmonized index of consumer prices, or HICP, rose 1.4% year-on-year in August, after 1.8% increase in July. This was the lowest since June 2017, when it rose 1%.

On a monthly basis, the HICP decreased 0.1% in August, reversing a 0.1% rise in the preceding month.

Earlier, the statistical office reported that the consumer price index (CPI) rose 1.4% annually in August, after a 1.7% increase in the previous month. The core inflation increased to 1.5% in August, SÚSR said.