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FX.co ★ Slovak CPI Dips Slightly in June to 2.1% from 2.2% in May

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typeContent_19130:::2024-07-15T07:00:00

Slovak CPI Dips Slightly in June to 2.1% from 2.2% in May

BRATISLAVA – Slovakia's Consumer Price Index (CPI) saw a slight deceleration in June 2024, registering a year-over-year change of 2.1%. This marks a marginal dip from May's CPI, which stood at 2.2%, according to the latest data updated on July 15, 2024.

The minor reduction suggests that inflationary pressures in the country are moderating, although it remains to be seen whether this trend will continue in the coming months. Analysts will be closely watching subsequent data releases to determine if this deceleration is indicative of a broader economic trend or simply an isolated occurrence.

The comparison period for the latest data reflects the year-over-year changes for June against the same month in the prior year, providing a clearer perspective on the country's economic trajectory. For investors and policymakers, these figures will be crucial in shaping fiscal and monetary strategies moving forward.

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