Inflation Slovakia 1996
Average inflation: 5.8%
Current Inflation
Inflation is very high at 5.8%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 6.3%. The lowest inflation was in September at 5.2%.
- Highest month
- January: 6.3%
- Lowest month
- September: 5.2%
- Difference
- 1.1 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 4.1%. The lowest price increase was in Food and non-alcoholic beverages with an average of 4.1%.
- Highest increase
- Food and non-alcoholic beverages: 4.1%
- Lowest increase
- Food and non-alcoholic beverages: 4.1%
Historical Context
Current inflation is 7.3% lower than the 5-year average of 13.1%. This approaches the lowest level since records began (5.8% in 1996).
- 5-year average
- 13.1%
- 10-year average
- 13.1%
- All-time high (1993)
- 23.2%
- All-time low (1996)
- 5.8%
Trend
Inflation shows a downward trend. Compared to 1995, inflation has fallen by +4.1 percentage point.
- Change vs. previous year
- -4.1 percentage points
- Largest monthly swing
- January: -5.4 percentage points
ECB Target
Inflation is 3.8% 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 €105.80 next year at this inflation rate.
Multi-year trend
Monthly figures 1996
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1995 |
|---|---|---|
| January | 6.3% | -5.4 |
| February | 6.2% | -5.1 |
| March | 6.2% | -5.0 |
| April | 6.1% | -5.1 |
| May | 6.0% | -5.0 |
| June | 6.2% | -4.3 |
| July | 5.5% | -5.3 |
| August | 5.6% | -4.2 |
| September | 5.2% | -3.5 |
| October | 5.3% | -2.5 |
| November | 5.3% | -2.2 |
| December | 5.4% | -1.8 |
| Average | 5.8% |
Data source
Data from OECD. Last updated: 17/12/2025.