Slovenia Inflation


Consumer prices decline in annual terms for ninth consecutive month

Consumer prices decreased 0.1% in September over the previous month, which contrasted the 0.1% increase tallied in August. The monthly reading reflected that lower prices for transportation, housing, and recreation and culture, more than offset much higher prices for clothing and footwear.

Consumer prices fell 0.6% in annual terms in September, which followed the 0.3% decline tallied in August and marked the ninth consecutive negative reading. Meanwhile, annual harmonized consumer prices fell 1.0% in September, following the 0.6% decrease observed in the previous month. Annual average HICP fell 0.5% in September, which was down from August’s 0.4% decline.

The Central Bank expects HICP inflation to average minus 0.1% in 2015. FocusEconomics Consensus Forecast participants expect HICP inflation to average minus 0.2% in 2015, which is unchanged over the previous month’s forecast. In 2016, the panel expects HICP inflation to accelerate to 1.3%.

Author:, Economist

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Slovenia Inflation Chart

Slovenia Inflation September 2015

Note: Year-on-year and month-on-month variation of consumer price index in %.
Source: Statistical Office of the Republic of Slovenia (SORS).

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