Inflation Slovakia 2007
Average inflation: 2.8%
Current Inflation
Inflation is normal at 2.8%, around the ECB target.
Peak and Trough
The highest inflation was in December at 3.4%. The lowest inflation was in May at 2.3%.
- Highest month
- December: 3.4%
- Lowest month
- May: 2.3%
- Difference
- 1.1 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Housing, water, electricity, gas and other fuels with an average of 6.0%. The lowest price increase was in Transport with an average of -2.4%.
- Highest increase
- Housing, water, electricity, gas and other fuels: 6.0%
- Lowest increase
- Transport: -2.4%
Historical Context
Current inflation is 2.4% lower than the 5-year average of 5.2%. This approaches the lowest level since records began (2.7% in 2005).
- 5-year average
- 5.2%
- 10-year average
- 6.6%
- All-time high (1993)
- 23.2%
- All-time low (2005)
- 2.7%
Trend
Inflation has remained relatively stable. Compared to 2006, the difference is minimal (-1.7 percentage point).
- Change vs. previous year
- -1.7 percentage points
- Largest monthly swing
- August: -2.8 percentage points
ECB Target
Inflation is 0.8% 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 €102.80 next year at this inflation rate.
Multi-year trend
Monthly figures 2007
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2006 |
|---|---|---|
| January | 3.0% | -1.1 |
| February | 2.7% | -1.7 |
| March | 2.7% | -1.8 |
| April | 2.7% | -1.8 |
| May | 2.3% | -2.5 |
| June | 2.5% | -2.1 |
| July | 2.3% | -2.7 |
| August | 2.3% | -2.8 |
| September | 2.9% | -1.7 |
| October | 3.2% | -0.5 |
| November | 3.1% | -1.2 |
| December | 3.4% | -0.8 |
| Average | 2.8% |
Data source
Data from OECD. Last updated: 13/01/2026.