Tuesday, the Statistical Office of the Slovak Republic said that the consumer price index or CPI rose 2.6% year-over-year in March, slower than the 3.1% increase in the previous month.

In March, prices of food and non-alcoholic beverages rose 0.2% on an annual basis, while clothing and footwear prices grew 1%. Transport charges decreased 8.4%.

On a monthly basis, the CPI dropped 0.2% in March, in contrast to a 0.1% rise seen in the preceding month.

During the January to March period, consumer prices grew 3.1% compared to the same period of the previous year.

Meanwhile, the core inflation stood at 1.6% annually in March, down from 2.2% increase in the previous month.

Month-on-month, the core CPI declined 0.3% in March, after rising 0.1% in February.

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