Year-on-year (y-o-y) inflation in Slovakia rose to 13.6% in July 2022, with month-on-month (m-o-m) inflation reaching 0.8%, the Statistics Office reported on Monday. In more detail, y-o-y core inflation reached 13.3% and net inflation was at 11.4%. Monthly core inflation amounted to 0.9%, while net inflation was 0.8%.
Consumer prices reported double-digit growth for the fifth consecutive month. The most important expenditure items for Slovak households, food and housing, including energy, were almost a fifth more expensive in yearly terms. Prices were mainly driven up by more expensive solid fuels, bread and meat. July saw a drop in fuel prices, however. In the first seven months of the year, consumer prices increased by 11.3% year-on-year on average.
Source: TASR
