Inflation Slovakia 1993
Average inflation: 23.2%
Current Inflation
Inflation is very high at 23.2%, far above the ECB target.
Peak and Trough
The highest inflation was in September at 27.1%. The lowest inflation was in January at 17.7%.
- Highest month
- September: 27.1%
- Lowest month
- January: 17.7%
- Difference
- 9.4 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food and non-alcoholic beverages with an average of 20.5%. The lowest price increase was in Food and non-alcoholic beverages with an average of 20.5%.
- Highest increase
- Food and non-alcoholic beverages: 20.5%
- Lowest increase
- Food and non-alcoholic beverages: 20.5%
Historical Context
Current inflation is around the 5-year average of 23.2%. This approaches the highest level since records began (23.2% in 1993).
- 5-year average
- 23.2%
- 10-year average
- 23.2%
- All-time high (1993)
- 23.2%
- All-time low (1993)
- 23.2%
Trend
ECB Target
Inflation is 21.2% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €123.20 next year at this inflation rate.
Multi-year trend
Monthly figures 1993
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation |
|---|---|
| January | 17.7% |
| February | 19.3% |
| March | 20.4% |
| April | 21.7% |
| May | 22.1% |
| June | 23.5% |
| July | 23.9% |
| August | 26.1% |
| September | 27.1% |
| October | 26.3% |
| November | 25.5% |
| December | 25.1% |
| Average | 23.2% |
Data source
Data from OECD. Last updated: 17/12/2025.