The annual inflation rate in Slovakia was unchanged at 1.4 percent in September of 2020, the same as in August and remaining the lowest rate since July of 2017. Upward pressure came mainly from prices for housing and energy (2.6 percent), namely electricity (8.8 percent) and garbage collection (15 percent); miscellaneous goods and services (4.6 percent); restaurants and hotels (4.4 percent) and health care (3.7 percent). Food prices edged up 0.1 percent only and transport prices fell at a faster 6.4 percent. On a monthly basis, consumer prices were flat.
Inflation Rate in Slovakia averaged 2.81 percent from 2002 until 2020, 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 October of 2020. source: Statistical Office of the Slovak Republic
Inflation Rate in Slovakia is expected to be 1.40 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 1.20 in 12 months time. In the long-term, the Slovakia Inflation Rate is projected to trend around 1.30 percent in 2021 and 1.50 percent in 2022, according to our econometric models.