Inflation Slovakia 2009

Average inflation: 1.6%

Current Inflation

Inflation is low at 1.6%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in January at 3.4%. The lowest inflation was in October at 0.4%.

Highest month
January: 3.4%
Lowest month
October: 0.4%
Difference
3.0 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Alcoholic beverages, tobacco and narcotics with an average of 8.0%. The lowest price increase was in Transport with an average of -6.3%.

Highest increase
Alcoholic beverages, tobacco and narcotics: 8.0%
Lowest increase
Transport: -6.3%

Historical Context

Current inflation is 1.6% lower than the 5-year average of 3.2%. This approaches the lowest level since records began (1.6% in 2009).

5-year average
3.2%
10-year average
5.5%
All-time high (1993)
23.2%
All-time low (2009)
1.6%

Trend

Inflation shows a downward trend. Compared to 2008, inflation has fallen by +3.0 percentage point.

Change vs. previous year
-3.0 percentage points
Largest monthly swing
October: -4.8 percentage points

ECB Target

Inflation is 0.4% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for €100 this year will cost approximately €101.60 next year at this inflation rate.

Multi-year trend

Monthly figures 2009

Inflation by category

Food and non-alcoholic beverages
-3.2%
-4.8vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
8.0%
+6.4vs avg.
More details →
Clothing and footwear
-0.8%
-2.4vs avg.
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Housing, water, electricity, gas and other fuels
6.6%
+5.0vs avg.
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Furnishings, household equipment and maintenance
-2.3%
-3.9vs avg.
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Health
6.6%
+5.0vs avg.
More details →
Transport
-6.3%
-7.9vs avg.
More details →
Communication
0.4%
-1.2vs avg.
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Recreation and culture
-0.9%
-2.5vs avg.
More details →
Education
5.5%
+3.9vs avg.
More details →
Restaurants and hotels
5.0%
+3.4vs avg.
More details →
Miscellaneous goods and services
1.4%
-0.2vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2008
January 3.4% -0.4
February 3.0% -1.0
March 2.4% -1.8
April 2.1% -2.1
May 1.9% -2.7
June 1.8% -2.8
July 1.6% -3.3
August 1.3% -3.7
September 0.7% -4.6
October 0.4% -4.8
November 0.4% -4.5
December 0.5% -3.9
Average 1.6%

Data source

Data from OECD. Last updated: 11/01/2026.

See also