Slovakia Inflation Rate Hits 4-Month High

2026-02-16 08:53 By Czyrill Jean Coloma 1 min. read

Slovakia's annual inflation rate edged up to 4% in January 2026 from 3.8% in December, matching market expectations.

It marked the highest reading since September 2025, driven primarily by a sharp acceleration in housing and utilities prices (6.1% vs 2.8% in December) amid regulatory measures, particularly significant increases in thermal energy prices (25%) and gas (6.7%).

Overall inflation was also supported by higher costs for food and non-alcoholic beverages (3.9% vs 2.8%), particularly food prices (3%), as eight out of nine food categories recorded annual price growth exceeding 4%.

In contrast, prices declined for transport (-1.8% vs 1.7%), mainly due to an over 8% drop in fuel costs and lower air transport fares.

On a monthly basis, consumer prices increased 1.8% in January, rebounding from a 0.3% fall in the prior month and exceeding market expectations of 1.6%.

Meanwhile, core inflation, which excludes regulated prices, eased slightly to 2.9% from 3% in December 2025.



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Slovakia Inflation Rate Hits 4-Month High
Slovakia's annual inflation rate edged up to 4% in January 2026 from 3.8% in December, matching market expectations. It marked the highest reading since September 2025, driven primarily by a sharp acceleration in housing and utilities prices (6.1% vs 2.8% in December) amid regulatory measures, particularly significant increases in thermal energy prices (25%) and gas (6.7%). Overall inflation was also supported by higher costs for food and non-alcoholic beverages (3.9% vs 2.8%), particularly food prices (3%), as eight out of nine food categories recorded annual price growth exceeding 4%. In contrast, prices declined for transport (-1.8% vs 1.7%), mainly due to an over 8% drop in fuel costs and lower air transport fares. On a monthly basis, consumer prices increased 1.8% in January, rebounding from a 0.3% fall in the prior month and exceeding market expectations of 1.6%. Meanwhile, core inflation, which excludes regulated prices, eased slightly to 2.9% from 3% in December 2025.
2026-02-16
Slovakia Inflation Edged Up in December
Slovakia's annual inflation rate edged up to 3.8% in December 2025, following a 3.7% rise in each of the previous two months, slightly below market expectations of 3.9%.Prices rose faster for food and non-alcoholic beverages (2.8% vs 0.9% in November) and furnishings, household equipment and routine household maintenance (2.7% vs 2.4%), while costs were steady for communication (4.3%) and education (8.8% vs 8.9%). Conversely, inflation moderated for housing and utilities (2.8% vs 2.9%), alcoholic beverages and tobacco (5.6% vs 5.8%), clothing and footwear (2.2% vs 2.3%), health (2.8% vs 3.1%), transport (1.7% vs 4.4%), recreation and culture (4.1% vs 5.4%), restaurants and hotels (8.9% vs 9.0%), and miscellaneous goods and services (6.3% vs 7.1%). On a monthly basis, consumer prices fell 0.3% in December, reversing a 0.3% rise in the prior month. Meanwhile, core inflation, which excludes goods with regulated prices, edged up to 3.0% from a seven-month low of 2.9% in November.
2026-01-15
Slovakia Inflation Steady at 3.7% in November
Slovakia's annual inflation rate held steady at 3.7% in November 2025, unchanged from the previous month and remaining at its lowest level since April 2024. Prices rose for housing and utilities (2.9% vs 2.5% in October), health (3.1% vs 2.5%), miscellaneous goods and services (7.1% vs 6.7%), transport (4.4% vs 3.4%), and restaurants and hotels (9.0% vs 8.9%), while costs were steady for recreation and culture (5.4%) and communication (4.3%). Conversely, inflation slowed for food and non-alcoholic beverages (0.9% vs 1.4%), alcoholic beverages and tobacco (5.8% vs 6.1%), clothing and footwear (2.3% vs 2.6%), furnishings, household equipment and routine household maintenance (2.4% vs 3.1%), and education (8.8% vs 8.9%) On a monthly basis, consumer prices advanced 0.3% in November, following a 0.1% rise in the prior month. Meanwhile, core inflation, which excludes goods with regulated prices, eased to a seven-month low of 2.9% in November from 3% in October.
2025-12-15