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%.