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Slovakia Inflation June 2022

Slovakia: Inflation comes in at highest level since 2000 in June

Consumer prices rose 1.20% over the previous month in June, coming in below May’s 1.60% rise. June’s result marked the weakest reading since February. The cooling of price pressures was largely due to slower growth in prices for food and non-alcoholic beverages. In addition, price pressures for housing and utilities, and health services grew at a more subdued pace.

Inflation came in at 13.2% in June, which was up from May’s 12.6%. June’s figure represented the highest inflation rate since June 2000. Meanwhile, the trend pointed up, with annual average inflation coming in at 7.8% in June (May: 6.9%). Lastly, harmonized inflation rose to 12.6% in June, from the previous month’s 11.8%.

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