Consumer prices in Slovakia advanced 5.1 percent in October of 2021, above the 4.6 percent rise in September and slightly more than market expectations of a 5.1 percent increase. It was the highest inflation rate since September of 2008, mainly underpinned by prices of transport (14 percent vs 11.6 percent in September); housing & utilities (3.5 percent vs 2.6 percent); food & non-alcoholic beverages (3.9 percent vs 4.2 percent); and alcoholic beverages & tobacco (8 percent vs 7.8 percent). The annual core inflation rate which excludes volatile items such as energy and food, surged to 5.5 percent in October, the highest since September of 2008 and above market estimates of 5.4 percent. On a monthly basis, consumer prices were up 0.6 percent, slower than a 0.8 percent gain in the month prior. source: Statistical Office of the Slovak Republic

Inflation Rate in Slovakia averaged 2.79 percent from 2002 until 2021, 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. This page provides - Slovakia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Slovakia Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.

Inflation Rate in Slovakia is expected to be 5.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Slovakia Inflation Rate is projected to trend around 3.00 percent in 2022 and 2.40 percent in 2023, according to our econometric models.

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Slovakia Inflation Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-10-14 07:00 AM Sep 4.6% 3.8% 5.5% 5.3%
2021-11-12 08:00 AM Oct 5.1% 4.6% 5% 5%
2021-12-14 08:00 AM Nov 5.1%


Related Last Previous Unit Reference
Inflation Rate 5.10 4.60 percent Oct/21
Inflation Rate Mom 0.60 0.80 percent Oct/21
Consumer Price Index CPI 186.00 184.90 points Oct/21
Harmonised Consumer Prices 113.40 112.82 points Oct/21
Core Inflation Rate 5.50 4.90 percent Oct/21
Core Consumer Prices 134.50 133.50 points Oct/21
GDP Deflator 109.48 109.07 points Jun/21
Producer Prices 120.30 117.90 points Oct/21
Export Prices 100.90 100.70 points Jul/21
Import Prices 101.90 101.70 points Jul/21
Food Inflation 3.90 4.20 percent Oct/21
CPI Transportation 141.10 138.40 points Oct/21
CPI Housing Utilities 265.10 262.60 points Oct/21
Producer Prices Change 8.50 7.00 percent Sep/21

News Stream
Slovakia Inflation Rate Highest Since 2008
Consumer prices in Slovakia advanced 5.1 percent in October of 2021, above the 4.6 percent rise in September and slightly more than market expectations of a 5.1 percent increase. It was the highest inflation rate since September of 2008, mainly underpinned by prices of transport (14 percent vs 11.6 percent in September); housing & utilities (3.5 percent vs 2.6 percent); food & non-alcoholic beverages (3.9 percent vs 4.2 percent); and alcoholic beverages & tobacco (8 percent vs 7.8 percent). The annual core inflation rate which excludes volatile items such as energy and food, surged to 5.5 percent in October, the highest since September of 2008 and above market estimates of 5.4 percent. On a monthly basis, consumer prices were up 0.6 percent, slower than a 0.8 percent gain in the month prior.
2021-11-12
Slovakia Inflation Rate Quickens to Near 10-Year High
Consumer prices in Slovakia surged 4.6 percent in September of 2021, above a 3.8 percent increase in August but below market expectations of a 5.5 percent rise. It was the highest inflation rate since November of 2011, primarily underpinned by prices of transport (11.6 percent vs 11.1 percent in August); food & non-alcoholic beverages (4.2 percent vs 3.6 percent); alcoholic beverages & tobacco (7.8 percent vs 8.6 percent); and housing & utilities (2.6 percent vs 2.2 percent). The annual core inflation rate which excludes volatile items such as energy and food, climbed to 4.9 percent in September, the highest since September of 2008 but slightly below market estimates of 5 percent. On a monthly basis, consumer prices were up 0.8 percent, faster than a 0.4 gain in the month prior.
2021-10-14
Slovakia Inflation Rate Quickens to Near 9-Year High
Consumer prices in Slovakia climbed 4.7 percent in August of 2021, faster than the 3.3 percent rise in July and above market estimates of a 3.7 percent increase. It was the highest inflation rate since October of 2012, primarily underpinned by prices of transport (11.1 percent vs 10.5 percent in July); food & non-alcoholic beverages (3.6 percent vs 2.6 percent); and alcoholic beverages & tobacco (8.6 percent vs 8.9 percent). The annual core inflation rate, which excludes volatile items such as energy and food, advanced to 4.5 percent in August, the highest since October of 2008, beating market forecasts of 4.1 percent. On a monthly basis, consumer prices went up 0.4 percent, easing from a 0.4 percent increase in the prior month but faster than market expectations of a 0.3 percent gain.
2021-09-14

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.