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Slovakia Inflation December 2022

Slovakia: Harmonized inflation drops in December

Harmonized inflation came in at 15.0% in December, down from Novembers 15.1%. The small deceleration was driven by lower price pressures for transportation and recreation, which more than offset higher price pressures for food, housing and restaurants and hotels.

The trend pointed up, with annual average harmonized inflation coming in at 12.1% in December (November: 11.3%). Meanwhile, consumer price inflation was steady, coming in at November’s 15.4% in December.

Finally, harmonized consumer prices increased 0.14% over the previous month in December, slowing down from November’s 1.01% increase. December’s result marked the weakest reading since December 2020.

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