Slovenia Inflation


Consumer prices drop in July

In July, consumer prices fell 1.0% over the previous month, which marked the sharpest monthly decline since July last year, and followed the 0.6% drop recorded in May. According to the statistical office, the monthly decline was driven by lower prices for clothing and footwear as well as for food and non-alcoholic beverages. Despite the monthly drop, annual headline inflation inched up from 2.3% in June to 2.4% in July. Meanwhile, annual average HICP inflation (based on the harmonized index of consumer prices) rose from June's 2.3% to 2.4%.


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Slovenia Inflation Chart

Slovenia Inflation July 2012

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

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