Slovakia’s core consumer price index (CPI) swung back into positive territory in January 2026, rising 0.7% month-over-month after a 0.4% decline in December 2025. The data, updated on 16 February 2026, signal a clear reversal from the previous month’s weakness in underlying price pressures.
The month-over-month comparison shows that while December’s core CPI had contracted by 0.4% versus November, January’s reading marked a renewed increase from that lower base. As core CPI excludes volatile items and is closely watched as a gauge of underlying inflation trends, the turnaround suggests that disinflationary forces evident at the end of 2025 may be easing at the start of 2026.
Market participants and policymakers will now be watching subsequent releases to see whether January’s 0.7% gain represents the start of a more sustained firming in core prices or a one-off rebound following December’s dip.
