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Slovakia Harmonised Inflation Rate MoM fell to 0.0% in August 2026, released September 2026, down 0.1% from July's 0.1% reading. The reading matched expectations. The print is running well below the 12-month average of 0.29%. Over the past 3 months, Harmonised Inflation Rate MoM averaged -0.05%, vs 0.3% in the prior 3-month window. The reading is in the 16th percentile of the trailing 24-month range.
across last 12 releases
Aug 2026
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| BTC/USD | ▲ Direct | +0.70 | CRYPTO | Moves with | → View |
| S&P 500 | ▲ Direct | +0.53 | 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.
Harmonised Inflation Rate MoM (Slovakia) was reported at 0% in September 2026. This matched the market consensus of 0% exactly. The reading fell from the previous value of 0.1%. Trailing 12-month context per ETL data through August 2026. Over the past 12 months, the indicator has averaged 0.3%, ranging from -0.3% to 2% across 12 releases.
The trailing three releases averaged 0.1%, down from the prior three at 0.87%. Volatility over the past year (σ 0.56%) is comparable than the prior year (σ 0.52%). In August readings over the past 3 years, Harmonised Inflation Rate MoM has averaged 0.27%.
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%.
The next release is scheduled for October 16, 2026.
Auto-generated from current model state · Refreshes on each release · Last update August 2026.
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.
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.
Latest reading (Jul 2026): actual 0.1 %, consensus -0.1 %. Prior reading (Jun 2026): -0.2 %. Before that (May 2026): 0.4 %.
Sigmacast's 1-month forecast points to a 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=0.70) — a useful reference for crypto-focused traders.
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| Friday, September 18, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 07:00 | Current Account | -226.5 | -320 | -248.50 | Low | ||
| 10:00 | Unemployment Rate | 5.3 | 5.3 | 5.25 | Low | ||