Slovak Republic inflation rate for 2023 was 10.53%, a 2.24% decline from 2022.
Slovak Republic inflation rate for 2022 was 12.77%, a 9.62% increase from 2021.
Slovak Republic inflation rate for 2021 was 3.15%, a 1.21% increase from 2020.
Slovak Republic inflation rate for 2020 was 1.94%, a 0.73% decline from 2019.
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
