Cost of food in Slovakia increased 5.20 percent in December of 2019 over the same month in the previous year. Food Inflation in Slovakia averaged 4.48 percent from 1993 until 2019, reaching an all time high of 26.50 percent in September of 1993 and a record low of -5.70 percent in October of 2009.
Food Inflation in Slovakia is expected to be 2.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Slovakia to stand at 1.70 in 12 months time. In the long-term, the Slovakia Food Inflation is projected to trend around 2.40 percent in 2020, according to our econometric models.