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Slovakia inflation surges in January

Figures

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Slovakia's consumer price index (CPI) rose 8.4% year-on-year in January, following a 5.8% rise in December, figures from the Slovak Statistical Office(SÚSR) showed on Monday.

Transport cost increased 11.5% yearly in January and those of restaurants and hotels increased 14.3%.

Prices for clothing and footwear, and alcoholic beverages and tobacco rose by 9.3% and 8.1%, respectively.

On a monthly basis, consumer prices rose 2.7% in January, flowing a 0.2% gain in the previous month.

The core inflation rose to 7.1% in January from 6.4% in December.

On a month-on-month basis, the core CPI rose 1.6% in January, following a 0.2% increase in the prior month. 

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