Slovakia Inflation June 2019


Slovakia: Inflation inches down in June

July 17, 2019

Consumer prices rose 0.1% month-on-month in June, down from May’s 0.3% increase. Prices for food and non-alcoholic beverages, recreation and culture, and alcoholic beverages and tobacco increased the most, while transport and restaurants and hotels prices recorded the sharpest declines.

Inflation inched down to 2.6% in June (May: 2.7%), mainly due to a sharper contraction in transport prices, while harmonized inflation was stable at May’s 2.7%. Meanwhile, annual average inflation remained unchanged at 2.5%.

FocusEconomics Consensus Forecast panelists expect inflation to average 2.4% in 2019, which is unchanged from last month’s estimate, and 2.3% in 2020.

Author: Massimo Bassetti, Economist

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Slovakia Inflation Chart

Slovakia Inflation June 2019

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

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