Slovak Retail Figures Q4 2023

January 26, 2024 5 Minute Read

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On average, the annual inflation for 2023 increased by 10.5% year-on-year. Its development in individual months was turbulent. While in the first months price growth oscillated around 15%, during the year it gradually decreased to slightly under 6% in December.


In 2023, an increase in turnover and footfall was recorded within the monitored sample of shopping centers. Since the beginning of the pandemic in 2020, this has been continuous growth in both key indicators of the development of the retail market. However, in terms of attendance, 2023 is still slightly behind 2019, the last year before the outbreak of the pandemic.