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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SlovakiaSlovakia Harmonised Inflation Rate MoM fell to -0.2% in June 2026
FMPMonthlyReleased July 2026
Slovakia Harmonised Inflation Rate MoM fell to -0.2% in June 2026, released July 2026, down 0.6% from May's 0.4% reading. The reading matched expectations. Harmonised Inflation Rate MoM has now declined for 3 consecutive months. Over the past 3 months, Harmonised Inflation Rate MoM averaged 0.45%, vs 0.45% in the prior 3-month window. The reading is in the 10th percentile of the trailing 24-month range.
Latest Release
-0.2
Actual
-0.2
Consensus
0.4
Previous
Median Absolute Error
±0.14 percentage points
across last 12 releases
Last Call
Jul 2026
Predicted: -0.18
Actual: -0.2
Error: +0.02
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| BTC/USD | ▲ Direct | +0.83 | CRYPTO | Moves with | → View |
| S&P 500 | ▲ Direct | +0.54 | INDEX | Moves with | → View |
| XAU/USD | ▲ Direct | +0.49 | COMMODITIES | Moves with | → View |
| GBP/USD | ▲ Direct | +0.38 | FOREX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Harmonised Inflation Rate MoM (Slovakia) was reported at -0.2% in July 2026. This matched the market consensus of -0.2% exactly. The reading fell from the previous value of 0.4%. Trailing 12-month context per ETL data through July 2026. Over the past 12 months, the indicator has averaged 0.33%, ranging from -0.3% to 2% across 12 releases.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged 0.23%, down from the prior three at 0.6%. Volatility over the past year (σ 0.55%) is comparable than the prior year (σ 0.52%). In July readings over the past 3 years, Harmonised Inflation Rate MoM has averaged 0.03%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with BTC/USD (Bullish BTC). A secondary relationship exists with S&P 500, positively correlated (Bullish S&P 500). Over the last 12 releases, the Sigmacast model's median absolute error is 0.14%.
WHAT TO WATCH NEXT
The next release is scheduled for August 19, 2026.
Auto-generated from current model state · Refreshes on each release · Last update July 2026.
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Harmonised Inflation Rate MoM - SK
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About Harmonised Inflation Rate MoM — Slovakia
DEFINITION
The Harmonised Inflation Rate MoM (Month-over-Month) is a key economic indicator that measures the change in the overall price level of goods and services in a country over a one-month period. It takes into account the prices of a wide range of consumer goods and services, providing a comprehensive view of inflation trends. This indicator is used by policymakers, investors, and businesses to monitor and analyze the impact of inflation on the economy and make informed decisions. A higher Harmonised Inflation Rate MoM indicates an increase in prices, while a lower rate suggests a decrease in inflation.
WHY THIS INDICATOR MATTERS
Inflation prints feed directly into central-bank policy expectations and real-yield calculations, and are among the most rate-sensitive releases on the calendar. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jun 2026): actual -0.2 %, consensus -0.2 %. Prior reading (May 2026): 0.4 %. Before that (Apr 2026): 0.5 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with BTC/USD (Bullish BTC, r=0.83) — a useful reference for crypto-focused traders.
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