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Slovakia CPI continues to fall in March

Staff writer |
Slovakia's consumer prices continued to decline in March, figures from the Statistical Office of the Slovak Republic showed.

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The consumer price index fell 0.5 percent year-over-year in March, slightly faster than the 0.4 percent drop in the previous month. Prices have been falling since December 2014.

Prices of food and non-alcoholic beverages decreased 2.2 percent annually in March and transport costs slid by 3.9 percent. Meanwhile, clothing and footwear prices rose 0.3 percent.

On a monthly basis, consumer prices remained flat in March, after rising slightly by 0.1 percent in February.

The EU measure of inflation, or HICP, dropped at a faster pace of 0.5 percent yearly in March, following a 0.3 percent fall in the preceding month. Month-on-month, the HICP showed no variations.

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