Slovakia’s annual inflation rate increased to 4% in March 2025 from 3.8% in February, in line with market expectations.
This marked the highest rate since December 2023, driven by rising costs for food and non-alcoholic beverages (3.2% vs 2.8% in February), alcoholic beverages and tobacco (5.9% vs 4.6%), restaurants and hotels (8.7% vs 7.6%), miscellaneous goods and services (6.9% vs 6.7%), clothing and footwear (3.2% vs 2.8%), recreation and culture (4.6% vs 4%), and education (10.6% vs 9.7%).
Conversely, inflation slowed for housing and utilities (2.4% vs 2.7%), transport (1.1% vs 2.6%), and communication (6.2% vs 6.7%).
On a monthly basis, consumer prices advanced 0.3% in March, following a 0.4% rise in the prior month.
Meanwhile, core inflation, which excludes goods with regulated prices, rose to a thirteen-month high of 3% in March from 2.8% in February.