Producer Prices in Slovakia

Slovakia Producer Prices | Economic News & Forecasts

Slovakia - Producer Prices

Inflation comes in at highest level since October 2008 in October

Consumer prices rose 0.59% in October over the previous month, slowing down from September's 0.82% increase. The cooling of price pressures was primarily driven by a softer rise in prices for food and non-alcoholic beverages.

Inflation increased to 5.1% in October, above September’s 4.6%. October's reading represented the highest inflation rate since October 2008. Annual average inflation rose to 2.5% in October (September: 2.2%). Finally, harmonized inflation rose to 4.4% in October, from the previous month's 4.0%.

FocusEconomics Consensus Forecast panelists expect harmonized inflation to average 3.0% in 2022, which is up 0.5 percentage points from last month’s estimate, and 2.2% in 2023.

Slovakia - Producer Prices Data

2015   2016   2017   2018   2019  
Inflation (PPI, annual variation in %)-4.3  -4.3  1.9  5.0  2.6  

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Slovakia Producer Prices Chart


Slovakia PPI
Note: Annual variation of producer price index (PPI) 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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