Slovakia’s annual inflation rate eased to 3.0% in October 2026, down from 3.1% in each of the previous two months and slightly below market expectations of 3.1%. This was the lowest reading since December 2024, largely reflecting slower price growth in the transport sector (7.3% vs 9.1%), supported by government measures introducing discounts on rail and bus fares.
Price pressures also moderated in several other categories, including education (3.3% vs 4.4%), alcoholic beverages, tobacco and narcotics (1.8% vs 2.0%), and furnishings and household maintenance (1.2% vs 1.4%). By contrast, inflation picked up in clothing and footwear (1.1% vs 0.7%) and in restaurants and hotels (4.5% vs 4.4%), while remaining steady in housing and utilities (7.8%) and in information and communication (2.8%).
Deflation in food and non-alcoholic beverages softened, with prices falling 2.7% year-on-year compared with a 3.2% decline previously. On a monthly basis, consumer prices were flat, following a 0.2% increase in September. Core inflation, excluding regulated prices, edged up to 1.8%.
