Slovakia Inflation Eases To 3.8%

(RTTNews) - Slovakia's consumer price inflation softened slightly in May, figures from the Statistical Office of the Slovak Republic showed on Monday.

Consumer prices rose 3.8 percent annually in May, following a 3.9 percent increase in April.

Inflation based on food and non-alcoholic beverages eased to 0.3 percent from 1.0 percent. The annual price growth in food and non-alcoholic beverages eased to 0.6 percent from 0.7 percent.

On the other hand, transport inflation was 9.4 percent, which was the highest growth in three-and-a-half years amid a 19.7 percent surge in fuel costs.

Data showed that core inflation moderated to 2.3 percent from 2.4 percent.

Monthly, consumer prices climbed 0.4 percent after a 0.5 percent rise in the prior month.