Slovakia ́s inflation slowed in August, reaching 2.8% year-on-year, after a 2.9% growth in July, with core inflation amounting to 2.4% and net inflation to 1.6%, based on data reported by the Slovak Statistics Office on September 13.
Food and non-alcoholic beverages and utility cost increased by 5.2% and 3.8% y/y, respectively, while transportation cost dropped by 1.9%.
In monthly terms, consumer prices increased by 0.2% in total. August cumulative inflation was influenced by core inflation by 0.12 percentage points (pp) and by regulated prices by 0.09pp, with no effect of indirect taxes on cumulative inflation.
Food prices had no impact on core inflation, although net inflation influenced core inflation by 0.12pp.
The Belarusian government forecasts the nation's GDP to increase by 0.7% y/yin the first quarter of 2020, by 1.6% y/y in the first half of the next year, 2.2% y/y in January-September, and by 2.8% y/y over the year.
Higher prices in food, housing, hotels and restaurants, as well as culture and recreation segments drove the result, though a pick-up in core inflation also played a role.
Romania’s current account deficit reached €10.7bn, nearly 4.9% of GDP, in the 12-month rolling period ending November, 22.7% up y/y.
Ukraine’s consumer prices declined 0.2% month-on-month in December from 0.1% m/m growth in November, while annual inflation slowed to 4.1% y/y from 5.1% in November
At the end of last year, the number of unemployed job applicants in the Czech Republic reached 215,532, which is the lowest figure since December 1996.