Inflation in Slovakia
Slovakia - Harmonized Inflation
Inflation inches down in June
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.
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 | 0.0 | -4.12 % | Jul 11 |
| Exchange Rate | 1.13 | 0.65 % | Jul 11 |
| Stock Market | 343 | 0.0 % | Jul 11 |
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Economic News
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.
Slovakia: Industrial production slows further in May
July 10, 2019
Industrial production grew 4.7% on an annual basis in May, decelerating from April’s revised 7.0% expansion (previously reported: +6.3% year-on-year).
Slovakia: Inflation speeds up in May
June 18, 2019
Consumer prices rose 0.3% month-on-month in May, up from April’s 0.2% increase.
Slovakia: Industrial production slows in April
June 10, 2019
Industrial production grew 6.3% on an annual basis in April, decelerating from March’s 7.8% expansion (previously reported: +7.3% year-on-year), which had marked a two-year high.
Slovakia: Growth ticks up in Q1 on upbeat external demand
June 6, 2019
The economy got off to a good start in the first quarter of the year, amid upbeat external demand and despite an across-the-board slowdown in the domestic economy.
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