Inflation Slovakia 2005
Average inflation: 2.7%
Current Inflation
Inflation is normal at 2.7%, around the ECB target.
Peak and Trough
The highest inflation was in December at 3.7%. The lowest inflation was in July at 2.0%.
- Highest month
- December: 3.7%
- Lowest month
- July: 2.0%
- Difference
- 1.7 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Education with an average of 33.1%. The lowest price increase was in Furnishings, household equipment and maintenance with an average of -3.5%.
- Highest increase
- Education: 33.1%
- Lowest increase
- Furnishings, household equipment and maintenance: -3.5%
Historical Context
Current inflation is 3.1% lower than the 5-year average of 5.8%. This approaches the lowest level since records began (2.7% in 2005).
- 5-year average
- 5.8%
- 10-year average
- 6.9%
- All-time high (2000)
- 12.2%
- All-time low (2005)
- 2.7%
Trend
Inflation shows a downward trend. Compared to 2004, inflation has fallen by +4.9 percentage point.
- Change vs. previous year
- -4.9 percentage points
- Largest monthly swing
- July: -6.5 percentage points
ECB Target
Inflation is 0.7% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €102.70 next year at this inflation rate.
Multi-year trend
Monthly figures 2005
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2004 |
|---|---|---|
| January | 3.2% | -5.1 |
| February | 2.7% | -5.8 |
| March | 2.4% | -5.8 |
| April | 2.7% | -5.3 |
| May | 2.4% | -6.0 |
| June | 2.5% | -5.6 |
| July | 2.0% | -6.5 |
| August | 2.0% | -5.2 |
| September | 2.3% | -4.3 |
| October | 3.3% | -3.3 |
| November | 3.4% | -2.9 |
| December | 3.7% | -2.3 |
| Average | 2.7% |
Data source
Data from OECD. Last updated: 13/01/2026.