RSS Slovakia's Core CPI Eases to 2.3% in December, Reflecting Slower Inflationary Pressures

[Crax Bot]

Slovakia has reported a deceleration in its Core Consumer Price Index (CPI) for December 2024, according to data updated on January 15, 2025. The latest figures reveal the Core CPI has eased to 2.3%, compared to 2.6% in November 2024. This Year-over-Year assessment highlights a slight reduction in inflationary pressure within the Slovak economy.

The Core CPI measures changes in the cost of goods and services, excluding those from the food and energy sectors. A year ago, the December Core CPI indicated higher inflationary tendencies, and this reduction reflects adjustments in economic conditions that may influence consumer spending and economic planning in Slovakia.

The gradual decrease aligns with ongoing economic shifts observed across Europe, suggesting that the measures toward economic stabilization and inflation control might be taking effect. Economists and policymakers will be keen to see if this downward trend continues, as it can impact monetary policy decisions and economic forecasts for the coming months.

The material has been provided by InstaForex Company - www.instaforex.com

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