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Slovakia inflation in February highest since December 2003

Figures

Photo by Zerbor / Shutterstock.com

Slovakia's consumer price inflation increased to the highest since December 2003, figures from the Slovak Statistical Office (SÚSR) showed on Tuesday.

The consumer price index (CPI) rose 9% year-on-year in February, following a 8.4% rise in January. Transport costs increased 10.6% yearly in February and those of restaurants and hotels increased 15.6%.

Prices for housing, water, electricity, gas, and other fuels, and alcoholic beverages and tobacco rose by 13.2% and 8.6%, respectively.

On a monthly basis, consumer prices rose 0.9% in February, after a 2.7% gain in the previous month. The core inflation rose to 7.9% in February from 7.1% in January.

On month, the core CPI rose 1.0% in February, after a 1.6% increase in the prior month.

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