Producer Prices in Slovakia

Slovakia Producer Prices | Economic News & Forecasts

Slovakia - Producer Prices

Inflation falls for fifth consecutive month in July

Consumer prices edged up 0.10% over the last month in July, bouncing back from June’s 0.10% drop. July’s increase reflected greater price pressures for transport, restaurants and hotels and recreation and culture, outweighing falling prices in divisions of food and non-alcoholic beverages, alcoholic beverages and tobacco and clothing and footwear.

Inflation dipped for the fifth month running in July to 1.7%, from June’s 1.8%. Meanwhile, the trend remained stable, with the annual average inflation coming in at June’s 2.5% in July. Finally, harmonized inflation was also unchanged at last month’s 1.8% in July.

FocusEconomics Consensus Forecast panelists expect inflation to average 1.8% in 2020, which is unchanged from last month’s estimate, and 1.6% in 2021.

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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