Slovak inflation remains at 2.5% year-on-year in October. Core and net inflation reached the value 2.7%, the Slovak Statistics Office published on November 14.
In October 2018 month-on-month the total inflation was influenced by core inflation and net inflation by 0.08 percentage points (p.p.) and 0.01 p.p., respectively. Meanwhile, indirect taxes had no effect on the total inflation.
Consumer prices went up by 2.5% y/y in total in October 2018, remaining at the same level of growth as in September, but down slightly from the 2.8% growth in prices in August. Inflation has been running at around the 2.5% market for all of this year and nearly a percentage point higher than the level of inflation in 2017.
Prices increased in transport by 6%; restaurants and hotels by 3.9%, miscellaneous goods and services by 2.8%; housing, water, electricity, gas and other fuels by 2.4%; food and non-alcoholic beverages by 2.3%; furniture and furnishings, household equipment and routine household maintenance; health equally by 1.8%; alcoholic beverages and tobacco; clothing and footwear equally by 1.7 %; education by 1%; recreation and culture by 0.7%; communications by 0.6%, the
In m/m terms, consumer prices went up in October by 0.1%. On average, consumer prices increased by 2.6% y/y in the 10M18.