Energy price inflation rate in Slovakia 2019-2024, by commodity
Energy commodity price inflation in Slovakia has fluctuated in the period of consideration, with rates rising significantly in 2022 and dropping again in 2023. Gas prices saw the highest inflation hike, with the annual change standing at 20.1 percent in August 2022. These increases in inflation were driven further by Russia's invasion of Ukraine, which has caused uncertainty over Europe's security of gas supply, as well as intense energy price volatility.