Slovakia Inflation Remains Lowest Since 2024

Slovakia's annual inflation rate stood at 3.1% in September 2026, unchanged from August and slightly below market expectations of 3.2%. It remained at its lowest level since December 2024, largely as food and non-alcoholic beverage prices fell more sharply (-3.2% vs -2.5%). Inflation also eased for alcoholic beverages, tobacco and narcotics (2.0% vs 2.6%), health (4.4% vs 4.8%), recreation, sport and culture (4.2% vs 4.7%), education (4.4% vs 5.9%), restaurants and hotels (4.4% vs 4.7%), and insurance and financial services (2.3% vs 4.5%). In contrast, price growth accelerated for transport (9.1% vs 6.5%), housing and utilities (7.8% vs 7.4%), furnishings and household maintenance (1.4% vs 1.3%), and information and communication (2.8% vs 2.3%). On a monthly basis, consumer prices rose by 0.2%, in line with expectations, after remaining flat in August. Core inflation, which excludes regulated prices, held at 1.5%, its lowest level since February 2021.

Slovakia's annual inflation rate eased to 3.1% in August 2026 from 3.3% in July, slightly below market expectations of 3.2%. This marked the lowest reading since December 2024, largely due to a deeper decline in food and non-alcoholic beverage prices (-2.5% vs -2.1%). Inflation also slowed for clothing and footwear (0.4% vs 0.8%), furnishings, household equipment and routine household maintenance (1.3% vs 1.4%), health (4.8% vs 5.1%), transport (6.5% vs 7.0%), recreation, sport and culture (4.7% vs 5.2%), education (5.9% vs 6.0%), and insurance and financial services (4.5% vs 4.6%). Meanwhile, price growth accelerated for alcoholic beverages, tobacco and narcotics (2.6% vs 1.8%) and information and communication (2.3% vs 2.2%). On a monthly basis, consumer prices were unchanged, in line with market expectations and compared with a 0.1% increase in July. Core inflation, which excludes regulated prices, edged down to 1.5% from 1.7% in July, marking its lowest level since February 2021.

Slovakia's annual inflation rate eased to 3.3% in July 2026 from 3.5% in June, remaining above market expectations of 3%. It was the lowest reading since December 2024, largely due to a deeper decline in food and non-alcoholic beverage prices (-2.1% vs -0.5%). Inflation also slowed for alcoholic beverages, tobacco and narcotics (1.8% vs 3.1%), insurance and financial services (4.6% vs 4.9%), and miscellaneous goods and services (2.6% vs 3.2%). Meanwhile, price growth accelerated for housing and utilities (7.4% vs 7.3%), transport (7.0% vs 5.3%), clothing and footwear (0.8% vs 0.6%), health (5.1% vs 4.9%), information and communication (2.2% vs 2.0%), and recreation, sport and culture (5.2% vs 4.8%). On a monthly basis, consumer prices rose 0.1%, compared with market expectations and the previous month's 0.1% decline. Core inflation, which excludes regulated prices, edged down to 1.7% from 1.9% in June, marking its lowest level since March 2021.