Slovakia’s EU-harmonised monthly inflation inches up to 0.2% in June

By bne IntelliNews July 16, 2013

Slovakia’s EU-harmonised monthly inflation edged up to 0.2% in June 2013 from 0.1% in May - after staying at zero in the preceding three months, data from the statistics office showed.

The annual inflation rate, measured by the harmonised index of consumer prices (HICP), decelerated slightly to 1.7% last month from 1.8% in May. The average annual inflation rate, measured by the change in average annual HICP for the last 12 months in comparison with the average for the preceding 12 months, eased to 2.8% in June from 3% in the previous month.

The EU-harmonised inflation has a different composition of the consumer basket compared to the headline inflation, which reached 1.6% y/y and 0.1% m/m in June.

EU-harmonised consumer prices June-13, m/m change May-13, m/m change June-13, y/y change May-13, y/y change
Consumer prices, total 0.2% 0.1% 1.7% 1.8%
Food and non-alcoholic beverages 1.1% 0.7% 4.1% 4.2%
Alcoholic beverages and tobacco 0.6% 0.1% 3.4% 2.3%
Clothing and footwear 0.7% 0.5% 1.1% 0.5%
Housing, water, electricity, gas and other fuels 0.1% 0.0% 0.4% 0.4%
Furnishings, household equipment and routine -0.1% 0.0% 0.3% 0.2%
Health 0.1% 0.1% 2.1% 1.5%
Transport 0.0% -0.4% -0.8% -1.4%
Post and telecoms -0.1% -0.5% 0.6% 0.7%
Recreation and culture 0.3% 0.0% 2.2% 1.9%
Education 1.8% 0.0% 7.1% 7.0%
Hotels, cafes and restaurants 0.1% 0.1% 2.6% 2.8%
Miscellaneous goods and services -2.5% -0.3% 0.2% 3.3%
Source: Statistical Office of the Slovak Republic        
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