Inflation Slovakia 1997
Average inflation: 6.1%
Current Inflation
Inflation is very high at 6.1%, far above the ECB target.
Peak and Trough
The highest inflation was in April at 6.5%. The lowest inflation was in September at 5.8%.
- Highest month
- April: 6.5%
- Lowest month
- September: 5.8%
- Difference
- 0.7 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 5.7%. The lowest price increase was in Food and non-alcoholic beverages with an average of 5.7%.
- Highest increase
- Food and non-alcoholic beverages: 5.7%
- Lowest increase
- Food and non-alcoholic beverages: 5.7%
Historical Context
Current inflation is 5.6% lower than the 5-year average of 11.7%. This approaches the lowest level since records began (5.8% in 1996).
- 5-year average
- 11.7%
- 10-year average
- 11.7%
- All-time high (1993)
- 23.2%
- All-time low (1996)
- 5.8%
Trend
Inflation shows a downward trend. Compared to 1996, inflation has fallen by +0.3 percentage point.
- Change vs. previous year
- +0.3 percentage points
- Largest monthly swing
- December: +1.0 percentage points
ECB Target
Inflation is 4.1% 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 €106.10 next year at this inflation rate.
Multi-year trend
Monthly figures 1997
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1996 |
|---|---|---|
| January | 5.9% | -0.4 |
| February | 5.9% | -0.3 |
| March | 6.2% | 0.0 |
| April | 6.5% | +0.4 |
| May | 6.2% | +0.2 |
| June | 6.3% | +0.1 |
| July | 6.1% | +0.6 |
| August | 6.4% | +0.8 |
| September | 5.8% | +0.6 |
| October | 5.9% | +0.6 |
| November | 6.2% | +0.9 |
| December | 6.4% | +1.0 |
| Average | 6.1% |
Data source
Data from OECD. Last updated: 17/12/2025.