Inflation in Slovakia

Slovakia Inflation | Economic News & Forecasts

Slovakia - Inflation

Inflation falls to over one-year low in May

Consumer prices rose 0.3% in May over the previous month, following April's flat result. May's figure marked the sharpest increase in prices since January. The result was largely driven by rising prices for food and non-alcoholic beverages.

Inflation came in at 2.0% in May, down from April’s 2.1%. May's reading represented the lowest inflation rate since December 2018. Meanwhile, annual average inflation was stable at 2.6% in May, matching April’s reading. Lastly, harmonized inflation clocked in at 2.1% (April: 2.1%).

FocusEconomics Consensus Forecast panelists expect inflation to average 1.7% in 2020, which is unchanged from last month’s estimate, and 1.7% again in 2021.

Slovakia - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)-0.3  -0.5  1.3  2.5  2.7  

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Slovakia Inflation Chart

Slovakia Inflation
Note: Annual variation of harmonized index of consumer prices (HICP) in %.
Source: Slovakia Statistical Office (SOSR) and FocusEconomics calculations.

Slovakia Facts

Value Change Date
Bond Yield0.13-4.12 %Dec 31
Exchange Rate1.120.65 %Dec 31

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