🇸🇰Slovakia inflation rate
released 19 Aug 2026 · data through July 2026 · next release expected 31 Aug 2026
Slovakia adopted the euro in 2009. Harmonised inflation (HICP) — the EU-harmonised measure that makes prices comparable across Europe — stands at 3.2% as of July 2026. That is 1.2 percentage points above the ECB's 2% target, and 0.2 points above the eurozone average of 3.0%.
The breakdown shows core (excluding energy and food) at 3.7%, energy at 12.0%, food at -1.3% and services at 4.8%. The strongest pressure is in energy (12.0%), while food is the softest (-1.3%).
Month on month the headline eased from 3.5% to 3.2%, a step down from the month before.
Slovakia ranks number 10 of 30 European economies by annual inflation, from highest to lowest, between Luxembourg and Ireland.
Slovakia's harmonised inflation is 3.2% as of July 2026 — abovethe European Central Bank's 2% target by 1.2 percentage points.
Compare with the rest of Europe on the European inflation ranking →
Frequently asked questions
- What is Slovakia's current inflation rate?
- Slovakia's annual inflation rate, measured by the harmonised index of consumer prices (HICP), is 3.2% as of July 2026.
- Is Slovakia's inflation above or below the ECB's 2% target?
- At 3.2%, it is 1.2 percentage points above the European Central Bank's 2% target.
- How does Slovakia's inflation compare with the rest of Europe?
- Slovakia ranks number 10 of 30 European economies by inflation, 0.2 points above the eurozone average of 3.0%.
- Did Slovakia's inflation rise or fall last month?
- Month on month, the headline rate eased from 3.5% to 3.2% in July 2026.