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Slovakia Inflation Rate Slows Further in August

Figures

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The annual inflation rate in Slovakia slowed to 8.9% in August from 9.7% in the previous month, data from the Bratislava-based Slovak Statistical Office (SÚSR) showed on Thursday.

It was the lowest reading since January 2022, as inflation lowered for food & non-alcoholic beverages (13.5% vs 16.5% in July), alcoholic beverages & tobacco (8.9% vs 9.8%), clothing & footwear (7.3% vs 7.8%), housing & utilities (7.3% vs 8.4%), and furnishings, household equipment & maintenance (8.8% vs 10.2%).

In contrast, prices for transport rose for the first time after declining for four successive months (1.4% vs -3.9%).

On a monthly basis, the consumer price index (CPI) stalled, following a 0.3% fall in July. 

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