In October, consumer prices added 0.1% over the previous month, which came in only as a fraction of the 1.1% increase observed in September. According to the statistical office, the subdued print mainly reflected how prices for recreation and culture offset higher prices for clothing and footwear. As a result of the soft monthly increase, annual headline inflation declined from 3.3% in September to 2.7% in October, which halted the upward trend in place since July. Annual HICP inflation (based on the harmonized index of consumer prices) followed suit and fell from 3.7% in September to 3.2% in October, driving annual average HICP inflation to 2.7%.
Inflation drops in October
October 30, 2012
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Slovenia Inflation Chart
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.
Slovenia Economic News
October 17, 2016
Industrial production in August expanded 5.9% from the same month last year, decelerating from the revised 7.0% expansion in July (previously reported: +7.4% year-on-year).
September 30, 2016
In September, consumer prices edged up 0.1% from the previous month, which was above the flat growth recorded in August.
September 22, 2016
GDP expanded 2.7% in the second quarter over the same quarter of the previous year.
September 9, 2016
Industrial production in July expanded 7.4% over the same month last year, accelerating from the revised 6.3% expansion in June (previously reported: +6.1% year-on-year).
September 7, 2016
In August, consumer prices did not change over the previous month.