Slovak c.bank says June inflation below its fcast

16.07.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

BRATISLAVA, July 16 (Reuters) - Slovakia's EU-norm inflation came in below the central bank's (NBS) expectations in June, and price...

...growth looked likely to ebb in July, the NBS said on Monday.

Data published earlier on Monday put June annual inflation at 1.5 percent , level with the record low seen in May and a touch below market forecasts of a 1.6 percent rise.

The NBS did not reveal its June inflation forecast, nor did it comment on possible implications for policy.

"Annual inflation dynamics could decelerate slightly in July, compared with June, mainly due to an expected slowdown in services price dynamics and a deepening of the year-on-year decline of industrial products' prices due to a larger increase in regulated prices of pharmaceutical products in the same period of last year," the NBS said in a statement.

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