Inflation Slovakia 1999
Average inflation: 10.5%
Current Inflation
Inflation is very high at 10.5%, far above the ECB target.
Peak and Trough
The highest inflation was in September at 14.7%. The lowest inflation was in January at 6.7%.
- Highest month
- September: 14.7%
- Lowest month
- January: 6.7%
- Difference
- 8.0 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 2.7%. The lowest price increase was in Food and non-alcoholic beverages with an average of 2.7%.
- Highest increase
- Food and non-alcoholic beverages: 2.7%
- Lowest increase
- Food and non-alcoholic beverages: 2.7%
Historical Context
Current inflation is 2.7% higher than the 5-year average of 7.8%.
- 5-year average
- 7.8%
- 10-year average
- 10.8%
- All-time high (1993)
- 23.2%
- All-time low (1996)
- 5.8%
Trend
Inflation shows an upward trend. Compared to 1998, inflation has risen by +3.8 percentage point.
- Change vs. previous year
- +3.8 percentage points
- Largest monthly swing
- September: +8.9 percentage points
ECB Target
Inflation is 8.5% 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 €110.50 next year at this inflation rate.
Multi-year trend
Monthly figures 1999
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1998 |
|---|---|---|
| January | 6.7% | -0.5 |
| February | 7.0% | -0.6 |
| March | 6.9% | -0.4 |
| April | 7.1% | +0.1 |
| May | 6.7% | -0.9 |
| June | 7.1% | -0.3 |
| July | 13.6% | +6.7 |
| August | 14.5% | +8.8 |
| September | 14.7% | +8.9 |
| October | 14.0% | +7.9 |
| November | 14.0% | +8.1 |
| December | 14.2% | +8.6 |
| Average | 10.5% |
Data source
Data from OECD. Last updated: 17/12/2025.