Inflation Slovakia 2014

Average inflation: -0.1%

Current Inflation

There is deflation with consumer prices declining by 0.1%.

Peak and Trough

The highest inflation was in January at 0.0%. The lowest inflation was in March at -0.2%.

Highest month
January: 0.0%
Lowest month
March: -0.2%
Difference
0.2 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Education with an average of 3.9%. The lowest price increase was in Transport with an average of -1.6%.

Highest increase
Education: 3.9%
Lowest increase
Transport: -1.6%

Historical Context

Current inflation is 2.1% lower than the 5-year average of 2.0%.

5-year average
2%
10-year average
2.6%
All-time high (2000)
12.2%
All-time low (2014)
-0.1%

Trend

Inflation shows a downward trend. Compared to 2013, inflation has fallen by +1.5 percentage point.

Change vs. previous year
-1.5 percentage points
Largest monthly swing
January: -2.4 percentage points

ECB Target

Inflation is 2.1% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

Due to deflation, purchasing power increases. Money becomes more valuable instead of less.

What you could buy for €100 this year will cost approximately €99.90 next year at this inflation rate.

Multi-year trend

Monthly figures 2014

Inflation by category

Food and non-alcoholic beverages
-0.8%
-0.7vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
1.8%
+1.9vs avg.
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Clothing and footwear
1.2%
+1.3vs avg.
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Housing, water, electricity, gas and other fuels
-0.6%
-0.5vs avg.
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Furnishings, household equipment and maintenance
-0.4%
-0.3vs avg.
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Health
0.9%
+1.0vs avg.
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Transport
-1.6%
-1.5vs avg.
More details →
Communication
-1.1%
-1.0vs avg.
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Recreation and culture
0.7%
+0.8vs avg.
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Education
3.9%
+4.0vs avg.
More details →
Restaurants and hotels
1.2%
+1.3vs avg.
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Miscellaneous goods and services
0.7%
+0.8vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2013
January 0.0% -2.4
February -0.1% -2.3
March -0.2% -2.1
April -0.1% -1.7
May 0.0% -1.7
June -0.1% -1.7
July -0.1% -1.6
August -0.2% -1.6
September -0.1% -1.1
October 0.0% -0.6
November 0.0% -0.5
December -0.1% -0.5
Average -0.1%

Data source

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

See also