Harmonised Consumer Price Index in Slovakia

Oficina Estadistica de Eslovaquia (SUSR) · Mensual

3.2% (Jul-26) YOY · % · Mensual · CSV

About this indicator

Source	Statistical Office of the Slovak Republic
Frequency	Mensual
Release	En torno a mediados del mes siguiente al periodo de referencia.
What it is	Slovakia's Harmonised Index of Consumer Prices (HICP) is an inflation gauge compiled by the Statistical Office of the Slovak Republic using Eurostat's common methodology, allowing prices to be compared across EU countries and euro-area inflation to be calculated.
How it's calculated	It is built from the prices of a basket of goods and services weighted by household spending and following Eurostat's harmonised classifications (COICOP) with a common base year. It is reported as year-on-year and month-on-month changes (%) and differs from the national CPI in items such as owner-occupied housing.
Market implications	It is the reference index the European Central Bank (ECB) uses for its price-stability target, so Slovak inflation contributes to euro-area monetary-policy decisions and allows inflation to be compared across member states.
Limitations	Being harmonised, it does not capture every feature of national consumption, notably the exclusion of owner-occupied housing, so it can diverge from Slovakia's national CPI. For the underlying trend, the core HICP excluding energy and unprocessed food is followed.