Inflation Slovakia 2006

Average inflation: 4.5%

Inflation in 2006

Inflation is high at 4.5%, well above the ECB target.

Peak and Trough

The highest inflation was in August at 5.1%. The lowest inflation was in October at 3.7%.

Highest month
August: 5.1%
Lowest month
October: 3.7%
Difference
1.4 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Health with an average of 13.2%. The lowest price increase was in Furnishings, household equipment and maintenance with an average of -0.8%.

Highest increase
Health: 13.2%
Lowest increase
Furnishings, household equipment and maintenance: -0.8%

Historical Context

Inflation is 0.8 percentage points lower than the 5-year average of 5.3%.

5-year average
5.3%
10-year average
6.9%
All-time high (1993)
23.2%
All-time low (2005)
2.7%

Trend

Over the period 2004-2006, inflation shows a downward trend. Compared to 2005, inflation has risen by 1.8 percentage points.

Change vs. previous year
+1.8 percentage points
Largest monthly swing
August: +3.1 percentage points

ECB Target

Inflation is 2.5 percentage points 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 €104.50 next year at this inflation rate.

Multi-year trend

Monthly figures 2006

Inflation by category

Food and non-alcoholic beverages
1.4%
-3.1 vs avg.
Alcoholic beverages, tobacco and narcotics
3.3%
-1.2 vs avg.
Clothing and footwear
-0.2%
-4.7 vs avg.
Housing, water, electricity, gas and other fuels
11.5%
+7.0 vs avg.
Furnishings, household equipment and maintenance
-0.8%
-5.3 vs avg.
Health
13.2%
+8.7 vs avg.
Transport
0.7%
-3.8 vs avg.
Communication
-0.5%
-5.0 vs avg.
Recreation and culture
1.2%
-3.3 vs avg.
Education
6.0%
+1.5 vs avg.
Restaurants and hotels
1.4%
-3.1 vs avg.
Miscellaneous goods and services
3.7%
-0.8 vs avg.

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2005
January 4.1% +0.9
February 4.4% +1.7
March 4.5% +2.1
April 4.5% +1.8
May 4.8% +2.4
June 4.6% +2.1
July 5.0% +3.0
August 5.1% +3.1
September 4.6% +2.3
October 3.7% +0.4
November 4.3% +0.9
December 4.2% +0.5
Average 4.5%

Data source

Data from OECD. Last updated: 13/01/2026.

See also