Slovakia’s EU measure of inflation increased in March, data from the Statistical Office Of the Slovak Republic showed on Friday.

The harmonized index of consumer prices, or HICP, rose 1.5 percent year-on-year in March, following a 0.9 percent gain in February. Economists had expected a rise of 1.4 percent.

On a month-on-month basis, increased 0.6 percent in March, following a 0.3 percent gain in the preceding month. Economists had forecast a 0.5 percent rise.

Earlier, the statistical office reported that the consumer price index rose 1.4 percent yearly in March and gained 0.5 percent from a month ago.

The core inflation rose to 1.6 percent in March from 1.3 percent in the prior month.

The material has been provided by InstaForex Company –

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