Inflation Slovakia 2026
Average inflation: 3.5%
Inflation in 2026
Inflation is high at 3.5%, well above the ECB target.
Peak and Trough
The highest inflation was in January at 4.0%. The lowest inflation was in August at 3.1%.
- Highest month
- January: 4.0%
- Lowest month
- August: 3.1%
- Difference
- 0.9 percentage points
- Months with data
- 9 of 12
Category Insights
The highest price increase was in Housing, water, electricity, gas and other fuels with an average of 6.8%. The lowest price increase was in Food and non-alcoholic beverages with an average of 0.1%.
- Highest increase
- Housing, water, electricity, gas and other fuels: 6.8%
- Lowest increase
- Food and non-alcoholic beverages: 0.1%
Historical Context
Inflation is 3.2 percentage points lower than the 5-year average of 6.7%.
- 5-year average
- 6.7%
- 10-year average
- 4.5%
- All-time high (2022)
- 12.7%
- All-time low (2016)
- -0.5%
Trend
Over the period 2024-2026, inflation has remained relatively stable. Compared to 2025, inflation has fallen by 0.5 percentage points.
- Change vs. previous year
- -0.5 percentage points
- Largest monthly swing
- September: -1.2 percentage points
ECB Target
Inflation is 1.5 percentage points 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 €103.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2026
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2025 |
|---|---|---|
| January | 4.0% | +0.1 |
| February | 3.7% | -0.1 |
| March | 3.5% | -0.5 |
| April | 3.9% | +0.2 |
| May | 3.8% | -0.3 |
| June | 3.5% | -0.8 |
| July | 3.3% | -1.1 |
| August | 3.1% | -1.1 |
| September | 3.1% | -1.2 |
| Average | 3.5% |
Data source
Data from OECD. Last updated: 29/10/2026. Not all months available yet.