The inflation rate in Slovakia increased to 2.3 percent year-on-year in February 2019 from 2.2 percent in the previous month and slightly above market expectations of 2.2 percent. It was the highest inflation rate in four months, as prices rose further for food & non-alcoholic beverages (2.5 percent from 1.6 percent in January); restaurants & hotels (3.8 percent from 3.5 percent); health (2.0 percent from 1.8 percent). On the other hand, cost slowed for housing & utilities (4.2 percent from 4.3 percent); recreation & culture (0.6 percent from 0.7 percent); and miscellaneous goods & services (3.0 percent from 3.8 percent). Also, cost of transport declined further (-2.2 percent from -1.8 percent). Core inflation, which excludes volatile items, was at 1.9 percent, unchanged from the previous month and below market consensus of 2.0 percent. On a monthly basis, consumer prices and the core index went up 0.2 percent, in line with expectations. 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 2.10 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 2.10 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
2018-12-14 08:00 AM Inflation Rate YoY 2.1% 2.5% 2.1% 2.3%
2019-01-15 08:00 AM Inflation Rate YoY 1.9% 2.1% 2.1% 2.1%
2019-02-15 08:00 AM Inflation Rate YoY 2.2% 1.9% 2.2% 2.1%
2019-03-14 08:00 AM Inflation Rate YoY 2.3% 2.2% 2.2% 2.1%
2019-04-12 07:00 AM Inflation Rate YoY 2.3% 2.1%
2019-05-14 07:00 AM Inflation Rate YoY
2019-06-14 07:00 AM Inflation Rate YoY


Slovakia Prices Last Previous Highest Lowest Unit
Inflation Rate 2.30 2.20 9.80 -0.90 percent [+]
Inflation Rate Mom 0.20 1.10 26.30 -0.40 percent [+]
Consumer Price Index CPI 171.50 171.10 171.50 49.70 Index Points [+]
Harmonised Consumer Prices 105.09 104.86 105.09 40.42 Index Points [+]
Core Consumer Prices 123.20 122.10 123.20 101.30 Index Points [+]
Core Inflation Rate 1.90 1.90 7.30 -0.80 percent [+]
GDP Deflator 106.20 106.60 106.60 59.21 Index Points [+]
Producer Prices 107.70 107.30 109.30 93.10 Index Points [+]
Export Prices 99.30 100.00 153.90 65.40 Index Points [+]
Import Prices 99.30 98.70 182.00 72.80 Index Points [+]
Producer Prices Change 3.30 4.30 9.60 -6.00 percent [+]
CPI Housing Utilities 247.90 247.40 247.90 48.00 Index Points [+]
CPI Transportation 125.70 124.40 135.70 100.20 Index Points [+]
Food Inflation 2.50 1.60 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 March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.30 2.20 9.80 -0.90 2002 - 2019 percent Monthly
2005=100




Country Last Previous
Argentina 50.70 Feb/19
Australia 1.80 Dec/18
Brazil 3.89 Feb/19
Canada 1.40 Jan/19
China 1.50 Feb/19
Euro Area 1.50 Feb/19
France 1.30 Feb/19
Germany 1.50 Feb/19
India 2.57 Feb/19
Indonesia 2.57 Feb/19
Italy 1.00 Feb/19
Japan 0.20 Jan/19
Mexico 3.94 Feb/19
Netherlands 2.60 Feb/19
Russia 5.20 Feb/19
Saudi Arabia -1.90 Jan/19
Singapore 0.40 Jan/19
South Africa 4.00 Jan/19
South Korea 0.50 Feb/19
Spain 1.10 Feb/19
Switzerland 0.60 Feb/19
Turkey 19.67 Feb/19
United Kingdom 1.80 Jan/19
United States 1.50 Feb/19


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