In May, passenger transport fuels (+ 35.4 percent) and then electricity, gas and other fuels (31.4 percent) contributed to the rise in prices. Prices of food and non-alcoholic beverages increased by 13.5 percent.
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Compared to April, prices increased by 1.7 percent month-on-month. This means a slight improvement over April, when they increased by two percent compared to the previous month.
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The rise in prices has exceeded analysts’ estimates. According to the PAP agency, they expected a year-on-year increase to 13.8 percent, and a month-on-month decrease to 1.6 percent.
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In the Czech Republic, the inflation rate in April, according to the Czech Statistical Office (CSO), was 14.2 percent and was the highest of all Visegrad countries (V4).
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It was 9.5 percent in Hungary and 11.8 percent in Slovakia. Slovakia is the only Visegrad Group to be a member of the eurozone.
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