🇸🇰Slovakia inflation rate

Slovakia adopted the euro in 2009. Harmonised inflation (HICP) — the EU-wide measure the European Central Bank targets at 2% — stands at 4.0% as of May 2026. That is 2.0 percentage points above the ECB's 2% target, and 0.8 points above the euro-area average of 3.2%.

The breakdown shows core (excluding energy and food) at 3.6%, energy at 13.3%, food at 0.9% and services at 5.1%. The strongest pressure is in energy (13.3%), while food is the softest (0.9%).

Month on month the headline eased from 4.1% to 4.0%, a step down from the month before.

As a more recent euro adopter still converging toward western-European income levels, Slovakia has tended to run inflation above the euro-area average — a structural pattern (faster catch-up growth lifting wages and services prices) seen across the bloc's central, eastern and Baltic members rather than a quirk of one month.