Slovakia's consumer price inflation rate rose to 1.4 percent year-on-year in March of 2021 from 0.9 percent in the previous month, in line with market expectations. Main upward pressure came from prices of transports (5.2 percent vs 1.0 percent in February); alcoholic beverages & tobacco (8.1 percent vs 0.7 percent); furniture, furnishings, and routine household maintenance (1.4 percent vs 1.3 percent); education (3.5 percent, the same as in February); healthcare (2.6 percent vs 2.9 percent); and recreation & culture (2.0 percent vs 2.1 percent). On a monthly basis, consumer prices advanced 0.5 percent, after a 0.3 percent increase and matching market consensus. source: Statistical Office of the Slovak Republic
Inflation Rate in Slovakia averaged 2.77 percent from 2002 until 2021, reaching an all time high of 9.80 percent in November of 2003 and a record low of -0.90 percent in July of 2016. This page provides - Slovakia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Slovakia Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.
Inflation Rate in Slovakia is expected to be 1.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Slovakia to stand at 1.50 in 12 months time. In the long-term, the Slovakia Inflation Rate is projected to trend around 1.70 percent in 2022 and 1.50 percent in 2023, according to our econometric models.