Slovakia Inflation


Slovakia: Inflation drops at the outset of the year

February 13, 2013

In January, consumer prices rose 0.6% over the previous month, which contrasted the 0.1% decrease tallied in December. The monthly print mainly reflects higher prices for food and non-alcoholic beverages.

Despite the monthly increase, annual headline inflation fell from 3.2% in December to 2.4% in January, which represents the lowest level recorded since December 2010. Meanwhile, annual average HICP inflation (based on the harmonized index of consumer prices) inched down from 3.8% in November to 3.7% in December, the latest month for which data are available.


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Slovakia Inflation Chart

Slovakia Inflation January 2013

Note: Month-on-month and year-on-year variation of consumer price index in %.
Source: Statistical Office of the Slovak Republic (SOSR) and FocusEconomics calculations.

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