Slovakia: Inflation accelerated to 4.8% in July |
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- CPI inflation accelerated from 4.6% in June to 4.8% in July. On a monthly basis, the prices increased by 0.1%. The figure was exactly in line with our expectations (similarly, the market predicted 4.8% inflation) but the structure was partially different. Food prices had a favourable impact on price level. On the contrary, monthly inflation was driven by imputed rents and the development of other goods and services (besides energy and food) also surpassed our forecast. Contrary to our
Filed under: Fundamental
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