Annual inflation rate in Slovakia edged down to 2.5 percent in October of 2018 from 2.7 percent in September and below market expectations of 2.6 percent. It is the lowest inflation rate since March, mainly boosted by a slowdown in cost of food and non-alcoholic beverages (2.3 percent compared to 3.7 percent in September); recreation and culture (0.7 percent compared to 1 percent); and transport (6 percent compared to 6.1 percent). On the other hand, inflation was steady for housing (2.4 percent) and rose for miscellaneous goods and services (2.8 percent compared to 2.2 percent). On a monthly basis, consumer prices edged up 0.1 percent, the same as in September and slightly below forecasts of 0.2 percent. Inflation Rate in Slovakia averaged 2.86 percent from 2002 until 2018, 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 2.50 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 2.00 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
2018-08-14 07:00 AM Inflation Rate YoY 2.6% 2.8% 2.6% 2.6%
2018-09-14 07:00 AM Inflation Rate YoY 2.8% 2.6% 2.6% 2.5%
2018-10-15 07:00 AM Inflation Rate YoY 2.7% 2.8% 2.7% 2.4%
2018-11-14 08:00 AM Inflation Rate YoY 2.5% 2.7% 2.6% 2.5%
2018-12-14 08:00 AM Inflation Rate YoY 2.5% 2.1% 2.3%
2019-01-15 08:00 AM Inflation Rate YoY 2.50%
2019-02-15 08:00 AM Inflation Rate YoY


Slovakia Prices Last Previous Highest Lowest Unit
Inflation Rate 2.50 2.70 9.80 -0.90 percent [+]
Inflation Rate Mom 0.10 0.10 26.30 -0.40 percent [+]
Consumer Price Index CPI 169.60 169.50 169.60 49.70 Index Points [+]
Harmonised Consumer Prices 103.90 103.81 103.90 40.42 Index Points [+]
Core Consumer Prices 122.70 122.60 122.70 101.30 Index Points [+]
Core Inflation Rate 2.70 3.00 7.30 -0.80 percent [+]
GDP Deflator 106.60 106.08 106.60 59.21 Index Points [+]
Producer Prices 109.30 107.90 109.30 93.10 Index Points [+]
Export Prices 100.40 100.10 153.90 65.40 Index Points [+]
Import Prices 99.70 100.30 182.00 72.80 Index Points [+]
Producer Prices Change 7.20 6.10 9.60 -6.00 percent [+]
CPI Housing Utilities 240.70 240.40 246.40 48.00 Index Points [+]
CPI Transportation 131.40 131.90 135.70 100.20 Index Points [+]
Food Inflation 2.30 3.70 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.50 2.70 9.80 -0.90 2002 - 2018 percent Monthly
2005=100




Country Last Previous
Argentina 45.50 Oct/18
Australia 1.90 Sep/18
Brazil 4.05 Nov/18
Canada 2.40 Oct/18
China 2.20 Nov/18
Euro Area 2.00 Nov/18
France 1.90 Nov/18
Germany 2.30 Nov/18
India 2.33 Nov/18
Indonesia 3.23 Nov/18
Italy 1.70 Nov/18
Japan 1.40 Oct/18
Mexico 4.72 Nov/18
Netherlands 2.00 Nov/18
Russia 3.80 Nov/18
Saudi Arabia 2.40 Oct/18
Singapore 0.70 Oct/18
South Africa 5.20 Nov/18
South Korea 2.00 Nov/18
Spain 1.70 Nov/18
Switzerland 0.90 Nov/18
Turkey 21.62 Nov/18
United Kingdom 2.40 Oct/18
United States 2.20 Nov/18


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