Slovakia Inflation Rate Hits 3-Month High

2026-05-14 07:57 By Erika Ordonez 1 min. read

Slovakia’s annual inflation rate rose to 3.9% in April 2026 from 3.5% in March, slightly above market expectations of 3.8%.

It marked the highest reading since January 2026, driven mainly by a sharp acceleration in housing and utilities, which rose 6.3% amid regulatory adjustments, particularly higher heating energy prices (27.8%) and gas (6.7%).

Additionally, transport costs climbed to an over three-year high of 7.2% from 2.1% in March, supported by a 15.3% surge in motor fuel prices.

Inflation also persisted in alcoholic beverages and tobacco (4.8% vs 3.0%), information and communication (1.8% vs 0.9%), and miscellaneous goods and services (3.1% vs 2.9%).

In contrast, food and non-alcoholic beverages eased (1.0% vs 1.3%), with declines in meat (-3.7%), milk, cheese and eggs (-0.3%), and oils and fats (-5.4%).

On a monthly basis, consumer prices rose 0.5% from 0.1% in each of the previous two months.

Meanwhile, core inflation, excluding regulated prices, increased to 2.4% from 1.9%.



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Slovakia Inflation Rate Hits 3-Month High
Slovakia’s annual inflation rate rose to 3.9% in April 2026 from 3.5% in March, slightly above market expectations of 3.8%. It marked the highest reading since January 2026, driven mainly by a sharp acceleration in housing and utilities, which rose 6.3% amid regulatory adjustments, particularly higher heating energy prices (27.8%) and gas (6.7%). Additionally, transport costs climbed to an over three-year high of 7.2% from 2.1% in March, supported by a 15.3% surge in motor fuel prices. Inflation also persisted in alcoholic beverages and tobacco (4.8% vs 3.0%), information and communication (1.8% vs 0.9%), and miscellaneous goods and services (3.1% vs 2.9%). In contrast, food and non-alcoholic beverages eased (1.0% vs 1.3%), with declines in meat (-3.7%), milk, cheese and eggs (-0.3%), and oils and fats (-5.4%). On a monthly basis, consumer prices rose 0.5% from 0.1% in each of the previous two months. Meanwhile, core inflation, excluding regulated prices, increased to 2.4% from 1.9%.
2026-05-14
Slovakia Inflation Rate at 15-Month Low
Slovakia’s annual inflation rate eased to 3.5% in March 2026 from 3.7% in the previous month, slightly above market expectations of 3.4%. This marked the lowest reading since December 2024, driven largely by lower prices for food and non-alcoholic beverages (1.3% vs 2.7% in February), non-alcoholic beverages and tobacco (7.9% vs 10.6%), clothing and footwear (1.2% vs 1.8%), information and communication (0.9% vs 1%), recreation and culture (4.9% vs 6%), education (6.2% vs 6.9%), restaurants and hotels (5.8% vs 7.1%), and miscellaneous goods and services (2.9% vs 3.5%). On the other hand, costs increased for housing and utilities (6.3% vs 6%), health (4.8% vs 4.7%), and insurance and financial services (6.4% vs 6.3%), while prices recovered for transportation (2.1% vs -0.9%). On a monthly basis, consumer prices stood at 0.1%, unchanged from the previous month. Meanwhile, core inflation, which excludes goods with regulated prices, slowed to 1.9% from 2.4% in February.
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Slovakia Inflation Rate Eases in February
Slovakia's annual inflation rate eased to 3.7% in February 2026, following a four-month high of 4.0% in the previous month. Price growth moderated for food and non-alcoholic beverages (2.7% vs 3.9% in January), housing and utilities (6.0% vs 6.1%), furnishings, household equipment, and routine household maintenance (0.9% vs 1.1%), alcoholic beverages and tobacco (2.6% vs 3.2%), clothing and footwear (1.8% vs 2.7%), insurance and financial services (6.3% vs 6.5%), and miscellaneous goods and services (3.5% vs 4.4%). Conversely, costs continued to increase for health (4.7% vs 4.6%), information and communication (1.0% vs 0.5%), recreation and culture (6.0% vs 5.9%), and education (6.9% vs 6.7%), while prices remained steady for restaurants and hotels (7.1%). On a monthly basis, consumer prices rose 0.1%, easing from a three-year high of 1.8% in January. Meanwhile, core inflation, which excludes goods with regulated prices, slowed to 2.4% in February from 2.9% in the previous month.
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