Slovakia's consumer price inflation rate eased to 2.6 percent year-on-year in June 2019 from 2.7 percent in the previous month and slightly below market expectations of 2.7 percent. Furnishings, household equipment and routine household maintenance cost increased at a softer rate (1.3 percent vs 1.4 percent) and transport prices dropped further (-2.3 percent vs -0.5 percent). On the other hand, inflation was unchanged for housing & utilities (at 4.1 percent) and food and non-alcoholic beverages (at 3.9 percent) while prices rose faster for both recreation and culture (1.6 percent vs 1.3 percent) and miscellaneous goods and services (3 percent vs 2.7 percent). The core inflation rate, which excludes volatile items, came in at 2.2 percent, also below market consensus of 2.3 percent. On a monthly basis, consumer prices edged up 0.1 percent, compared to 0.4 percent in May. Inflation Rate in Slovakia averaged 2.84 percent from 2002 until 2019, reaching an all time high of 9.80 percent in November of 2003 and a record low of -0.90 percent in July of 2016.

Inflation Rate in Slovakia is expected to be 2.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Slovakia to stand at 2.20 in 12 months time. In the long-term, the Slovakia Inflation Rate is projected to trend around 2.00 percent in 2020, according to our econometric models.

Slovakia Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-04-15 07:00 AM Inflation Rate YoY 2.7% 2.3% 2.6% 2.5%
2019-05-15 07:00 AM Inflation Rate YoY 2.3% 2.7% 2.4% 2.5%
2019-06-14 07:00 AM Inflation Rate YoY 2.7% 2.3% 2.6% 2.6%
2019-07-15 07:00 AM Inflation Rate YoY 2.6% 2.7% 2.7% 2.5%
2019-08-14 07:00 AM Inflation Rate YoY 2.6% 2.8%
2019-09-13 07:00 AM Inflation Rate YoY
2019-10-15 07:00 AM Inflation Rate YoY 2.4%


Slovakia Prices Last Previous Highest Lowest Unit
Inflation Rate 2.60 2.70 9.80 -0.90 percent [+]
Inflation Rate Mom 0.10 0.30 26.30 -0.40 percent [+]
Consumer Price Index CPI 173.60 173.50 173.60 49.70 Index Points [+]
Harmonised Consumer Prices 106.39 106.01 106.39 40.42 Index Points [+]
Core Consumer Prices 125.20 125.10 125.20 101.30 Index Points [+]
Core Inflation Rate 2.20 2.30 7.30 -0.80 percent [+]
GDP Deflator 108.61 106.20 108.61 59.21 Index Points [+]
Producer Prices 110.10 109.80 110.10 93.10 Index Points [+]
Export Prices 100.40 99.80 153.90 65.40 Index Points [+]
Import Prices 99.20 99.80 182.00 72.80 Index Points [+]
Producer Prices Change 4.20 3.90 9.60 -6.00 percent [+]
CPI Housing Utilities 248.70 248.60 248.70 48.00 Index Points [+]
CPI Transportation 128.50 130.40 135.70 100.20 Index Points [+]
Food Inflation 3.90 3.90 26.50 -5.70 percent [+]


Slovakia Inflation Rate

In Slovakia, the most important category in the consumer price index is Housing and Utilities (27.1 percent of total weight). Food and Non-Alcoholic Beverages accounts for 16.6 percent; Recreation and Culture for 8.7 percent; Miscellaneous Goods and Services for 8 percent; Transport for 7.4 percent and Furniture, Household Goods and Maintenance for 6.7 percent. Restaurants and Hotels; Alcoholic beverages and Tobacco; Health; Clothing and Footwear; Communication and Education account for the remaining 25.5 percent of total weight. This page provides - Slovakia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Slovakia Inflation Rate - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.60 2.70 9.80 -0.90 2002 - 2019 percent Monthly
2005=100




Country Last Previous
Argentina 57.30 May/19
Australia 1.30 Mar/19
Brazil 3.37 Jun/19
Canada 2.40 May/19
China 2.70 Jun/19
Euro Area 1.20 Jun/19
France 1.20 Jun/19
Germany 1.60 Jun/19
India 3.18 Jun/19
Indonesia 3.28 Jun/19
Italy 0.80 Jun/19
Japan 0.70 May/19
Mexico 3.95 Jun/19
Netherlands 2.70 Jun/19
Russia 4.70 Jun/19
Saudi Arabia -1.50 May/19
Singapore 0.90 May/19
South Africa 4.50 May/19
South Korea 0.70 Jun/19
Spain 0.40 Jun/19
Switzerland 0.60 Jun/19
Turkey 15.72 Jun/19
United Kingdom 2.00 May/19
United States 1.60 Jun/19


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