The consumer price index (inflation) in Slovakia increased by 2.2% year on year and by 0.1% month on month. The rate of price growth accelerated by 0.1 percentage points on April’s 2.1% y/y, which was the country’s three-year inflation low, and ended the 15-month-long easing trajectory. “In addition to feed, the y/y inflation was influenced by higher prices of alcohol, tobacco and fuels. Housing and energy prices decreased for the first time in three years,” Slovak statisticians highlighted in their May report. Food and non-alcoholic beverages, one of the most significant components of househo…