Filed under: Fundamental
Slovakia: Inflation inches up further
Posted by Danske Bank A/S in May 18th 2008
The Slovak Statistical Office has released consumer price inflation (CPI) figures for April. At 3.7% y/y from Marchs figure of 3.6% y/y, the headline inflation somewhat met expectations, although it was slightly higher than the consensus forecast of 3.6% y/y, however, it was slightly lower than our expectations of 3.8% y/y. Food prices remain the key impact, growing 1.2% m/m in April and 7.8% y/y. Housing, water, electricity, gas and other fuel prices rose by 0.1% m/m after a 0.4% m/m
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