Inflation in Slovakia
Slovakia - Harmonized Inflation
Inflation ticks up in September
Consumer prices inched up 0.1% month-on-month in September, following August’s 0.2% increase. The print reflected higher prices for education, clothing and footwear and transport, which more than offset by lower prices for restaurant and hotels and recreation and culture—due to seasonal factors.
Inflation ticked up to 2.9% in September from August’s 2.8%, matching July’s reading which had marked the highest reading in 15-months. Meanwhile, harmonized inflation remained stable at August’s 3.0%, a near seven-year high, while annual average inflation remained dipped from 2.3% to 2.2% in September.
FocusEconomics Consensus Forecast panelists expect inflation to average 2.5% in 2019, which is unchanged from last month’s estimate, and 2.3% in 2020.
Slovakia - Harmonized Inflation Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Inflation Rate (HICP, annual variation in %) | 1.5 | -0.1 | -0.3 | -0.5 | 1.4 |
Slovakia Harmonized Inflation Chart
Source: Slovakia Statistical Office (SOSR) and FocusEconomics calculations.
Slovakia Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | -0.36 | -4.12 % | Sep 04 |
| Exchange Rate | 1.10 | 0.65 % | Sep 04 |
| Stock Market | 341 | 0.0 % | Sep 04 |
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Economic News
Slovakia: Inflation ticks up in September
October 16, 2019
Consumer prices inched up 0.1% month-on-month in September, following August’s 0.2% increase.
Slovakia: Industrial production sinks to over three-year low in August
October 10, 2019
Industrial production fell 8.1% year-on-year in August, contrasting July’s 2.8% increase and marking the lowest reading since July 2016.
Slovakia: Inflation dips in August
September 18, 2019
Consumer prices rose 0.2% month-on-month in August, following July’s 0.1% uptick.
Slovakia: Industrial production rebounds in July
September 10, 2019
Industrial production expanded 2.8% year-on-year in July, contrasting June’s 1.9% fall, which had marked an over-two-year low.
Slovakia: Growth dives in Q2 as European headwinds blow external sector off course
September 6, 2019
Growth almost halved in the second quarter of the year, amid a sharp downturn in external demand and despite a stronger domestic economy.
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