Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Slovak Republic
CPHPTT01SKM659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.90
Year-over-Year Change
62.50%
Date Range
1/1/1997 - 4/1/2025
Summary
The Consumer Price Index (CPI) for the Slovak Republic measures changes in the prices of consumer goods and services. It is a key indicator of inflation and an important tool for economic policymakers.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The CPI for the Slovak Republic tracks the average change in prices paid by consumers for a basket of goods and services. It is a widely used measure of inflation and provides insight into the purchasing power of the national currency.
Methodology
The data is collected through surveys of consumer expenditures and retail prices.
Historical Context
The CPI is a crucial metric for the Central Bank of Slovakia and other policymakers in monitoring and managing the country's economic stability.
Key Facts
- The CPI for Slovakia has a base year of 2015.
- The CPI is published monthly by the Statistical Office of the Slovak Republic.
- Slovakia joined the Eurozone in 2009, adopting the euro as its currency.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for the Slovak Republic measures changes in the prices of consumer goods and services purchased by households.
Q: Why is this trend relevant for users or analysts?
A: The CPI is a key indicator of inflation and an important tool for economic policymakers, businesses, and consumers in understanding changes in the purchasing power of the national currency.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer expenditures and retail prices by the Statistical Office of the Slovak Republic.
Q: How is this trend used in economic policy?
A: The CPI is a crucial metric for the Central Bank of Slovakia and other policymakers in monitoring and managing the country's economic stability and inflation targets.
Q: Are there update delays or limitations?
A: The CPI for the Slovak Republic is published monthly with a typical release lag of around two weeks.
Related Trends
National Accounts: GDP by Expenditure: Current Prices: Government Final Consumption Expenditure for Slovak Republic
SVKGFCEQDSMEI
Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: 15 Years or over for Slovak Republic
LRHUTTFESKM156N
Use of Financial Services, Assets: Outstanding Loans to Households at Other Financial Intermediaries for Slovak Republic
SVKFCSMHXDC
Value of Exports to Slovakia from Delaware
DESVKA052SCEN
Use of Financial Services, Assets: Outstanding Loans at Credit Unions and Financial Cooperatives for Slovak Republic
SVKFCSODUXDC
Value of Exports to Slovakia from Rhode Island
RISVKA052SCEN
Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Slovak Republic (CPHPTT01SKM659N), retrieved from FRED.