Producer Prices in Slovakia
Slovakia - Producer Prices
Inflation steady in December
Consumer prices fell 0.1% in December, contrasting November’s 0.2% rise. The reading largely reflected lower prices for transport; alcoholic beverages and tobacco; and furnishings, household equipment and routine household maintenance.
Inflation came in at 3.0% in December, matching November’s reading. Moreover, harmonized inflation held steady at 3.2% in December, while annual average inflation was also stable at 2.3%.
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 - Producer Prices Data
| 2014 | 2015 | 2016 | 2017 | 2018 | |
|---|---|---|---|---|---|
| Inflation (PPI, annual variation in %) | -3.5 | -4.3 | -4.3 | 8.3 | 5.0 |
Slovakia Producer Prices Chart
Source: Slovakia Statistical Office (SOSR) and FocusEconomics calculations.
Slovakia Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 0.13 | -4.12 % | Dec 31 |
| Exchange Rate | 1.12 | 0.65 % | Dec 31 |
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Economic News
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Slovakia: Industrial production growth slumps to four-month low in December
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.
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Slovakia: Inflation steady in December
January 14, 2020
Consumer prices fell 0.1% in December, contrasting November’s 0.2% rise.
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Slovakia: Industrial production contracts for fourth month straight in November
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.
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Slovakia: Inflation edges up in November
December 18, 2019
Consumer prices rose 0.2% in November, contrasting October’s 0.1% fall.
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Slovakia: Industrial production continues to contract in October
December 10, 2019
Industrial production fell 3.9% year-on-year in October, following September’s 2.5% dip and marking the third consecutive month of contraction.
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