Inflation in Slovakia
Slovakia - Harmonized Inflation
Inflation steady in January
Consumer prices rose 1.2% in January, contrasting December’s 0.1% fall. The reading largely reflected higher prices for food and non-alcoholic beverages; transport; utilities; and recreation and culture.
Inflation came in at 3.0% in January, matching December’s print, while annual average inflation rose to 2.5%, up from December’s 2.3%. Meanwhile, harmonized inflation held steady at 3.2% in December, the latest month for which data is available.
FocusEconomics Consensus Forecast panelists expect inflation to average 2.2% in 2020, which is down 0.1 percentage points from last month’s estimate, and 2.1% in 2021.
Slovakia - Harmonized Inflation Data
|Inflation Rate (HICP, annual variation in %)||-0.1||-0.3||-0.5||1.4||2.5|
5 years of economic forecasts for more than 30 economic indicators.
Slovakia Harmonized Inflation Chart
Source: Slovakia Statistical Office (SOSR) and FocusEconomics calculations.
|Bond Yield||0.13||-4.12 %||Dec 31|
|Exchange Rate||1.12||0.65 %||Dec 31|
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February 14, 2020
The economy picked up pace in the final quarter of 2019.
February 14, 2020
Consumer prices rose 1.2% in January, contrasting December’s 0.1% fall.
February 10, 2020
Industrial production plunged 7.1% in December, following November’s 4.4% decline, and thus marking the fifth consecutive month of contracting industrial activity and the fastest contraction since August 2019.
January 14, 2020
Consumer prices fell 0.1% in December, contrasting November’s 0.2% rise.
January 10, 2020
Industrial production fell 4.4% in November, following October’s revised 4.0% decline (previously reported: -3.9% year-on-year), and marking the fourth straight month of downturns in industrial activity.