Inflation Slovakia 2011
Average inflation: 3.9%
Current Inflation
Inflation is high at 3.9%, well above the ECB target.
Peak and Trough
The highest inflation was in November at 4.6%. The lowest inflation was in January at 3.0%.
- Highest month
- November: 4.6%
- Lowest month
- January: 3.0%
- Difference
- 1.6 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Transport with an average of 6.9%. The lowest price increase was in Furnishings, household equipment and maintenance with an average of -1.0%.
- Highest increase
- Transport: 6.9%
- Lowest increase
- Furnishings, household equipment and maintenance: -1.0%
Historical Context
Current inflation is 1.1% higher than the 5-year average of 2.8%.
- 5-year average
- 2.8%
- 10-year average
- 4%
- All-time high (1993)
- 23.2%
- All-time low (2010)
- 1%
Trend
Inflation shows an upward trend. Compared to 2010, inflation has risen by +2.9 percentage point.
- Change vs. previous year
- +2.9 percentage points
- Largest monthly swing
- October: +3.6 percentage points
ECB Target
Inflation is 1.9% 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 €103.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2011
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2010 |
|---|---|---|
| January | 3.0% | +2.6 |
| February | 3.3% | +2.9 |
| March | 3.6% | +2.8 |
| April | 3.7% | +2.5 |
| May | 4.0% | +2.8 |
| June | 3.9% | +3.0 |
| July | 3.7% | +2.6 |
| August | 3.9% | +2.8 |
| September | 4.3% | +3.2 |
| October | 4.5% | +3.6 |
| November | 4.6% | +3.6 |
| December | 4.4% | +3.1 |
| Average | 3.9% |
Data source
Data from OECD. Last updated: 13/01/2026.