Skyline of Bratislava, Slovakia

Inflation in Slovakia

Slovakia Inflation

Harmonized inflation drops to lowest level since April 2022 in June

Harmonized inflation dropped to 11.3% in June from May’s 12.3%. June’s result marked the lowest inflation rate since April 2022. Looking at the details of the release, prices for food and housing and utilities grew at a slower pace in June. Additionally, prices for transportation declined at a quicker rate.

Accordingly, the trend pointed down mildly, with annual average harmonized inflation coming in at 13.9% in June (May: 14.1%). Meanwhile, consumer price inflation fell to 10.8% in June, from the previous month’s 11.9%.

Finally, harmonized consumer prices increased 0.23% over the previous month in June, swinging from May’s 0.06% drop.

Slovakia Inflation Chart

This chart displays Inflation (HICP, ann. var. %, aop) for Slovakia from 2013 to 2022.

Slovakia Inflation Data

2018 2019 2020 2021 2022
Inflation (HICP, ann. var. %, aop) 2.5 2.8 2.0 2.8 12.1
Inflation (CPI, ann. var. %, eop) 1.9 3.0 1.6 5.8 15.4
Inflation (HICP, ann. var. %, eop) 1.9 3.2 1.6 5.1 15.0
Inflation (PPI, ann. var. %, aop) 2.6 1.9 -0.4 6.8 29.3

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