Inflation Slovakia 2016
Average inflation: -0.5%
Current Inflation
There is deflation with consumer prices declining by 0.5%.
Peak and Trough
The highest inflation was in December at 0.2%. The lowest inflation was in May at -0.9%.
- Highest month
- December: 0.2%
- Lowest month
- May: -0.9%
- Difference
- 1.1 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Restaurants and hotels with an average of 2.2%. The lowest price increase was in Food and non-alcoholic beverages with an average of -2.8%.
- Highest increase
- Restaurants and hotels: 2.2%
- Lowest increase
- Food and non-alcoholic beverages: -2.8%
Historical Context
Current inflation is 1.3% lower than the 5-year average of 0.8%.
- 5-year average
- 0.8%
- 10-year average
- 1.8%
- All-time high (2000)
- 12.2%
- All-time low (2016)
- -0.5%
Trend
Inflation has remained relatively stable. Compared to 2015, the difference is minimal (-0.2 percentage point).
- Change vs. previous year
- -0.2 percentage points
- Largest monthly swing
- May: -0.8 percentage points
ECB Target
Inflation is 2.5% 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 €99.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2016
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2015 |
|---|---|---|
| January | -0.6% | -0.2 |
| February | -0.4% | +0.1 |
| March | -0.6% | -0.3 |
| April | -0.4% | -0.2 |
| May | -0.9% | -0.8 |
| June | -0.8% | -0.7 |
| July | -0.9% | -0.7 |
| August | -0.9% | -0.7 |
| September | -0.5% | 0.0 |
| October | -0.3% | +0.2 |
| November | -0.2% | +0.2 |
| December | 0.2% | +0.7 |
| Average | -0.5% |
Data source
Data from OECD. Last updated: 11/01/2026.