Inflation Slovakia 2018
Average inflation: 2.5%
Current Inflation
Inflation is normal at 2.5%, around the ECB target.
Peak and Trough
The highest inflation was in April at 2.9%. The lowest inflation was in December at 2.0%.
- Highest month
- April: 2.9%
- Lowest month
- December: 2.0%
- Difference
- 0.9 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Transport with an average of 4.7%. The lowest price increase was in Communication with an average of -0.0%.
- Highest increase
- Transport: 4.7%
- Lowest increase
- Communication: -0.0%
Historical Context
Current inflation is 1.9% higher than the 5-year average of 0.6%.
- 5-year average
- 0.6%
- 10-year average
- 1.4%
- All-time high (2000)
- 12.2%
- All-time low (2016)
- -0.5%
Trend
Inflation shows an upward trend. Compared to 2017, inflation has risen by +1.2 percentage point.
- Change vs. previous year
- +1.2 percentage points
- Largest monthly swing
- April: +2.1 percentage points
ECB Target
Inflation is 0.5% 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 €102.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2018
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2017 |
|---|---|---|
| January | 2.4% | +1.7 |
| February | 2.1% | +1.0 |
| March | 2.4% | +1.4 |
| April | 2.9% | +2.1 |
| May | 2.7% | +1.6 |
| June | 2.8% | +1.8 |
| July | 2.6% | +1.2 |
| August | 2.9% | +1.4 |
| September | 2.7% | +1.0 |
| October | 2.5% | +0.8 |
| November | 2.1% | +0.2 |
| December | 2.0% | +0.2 |
| Average | 2.5% |
Data source
Data from OECD. Last updated: 11/01/2026.