Slovenia Inflation


Inflation hits a four-month low in September

Consumer prices increased 0.3% over the previous month in September, matching the result tallied in August. September's increase mainly reflects higher prices for clothing and footwear due to the arrival of the new autumn-winter lines in stores.

Annual headline inflation decreased from 2.2% in August to 1.4% in September, reaching the lowest level in four months. Meanwhile, annual HICP inflation (based on the harmonized index of consumer prices) decreased from 2.2% in August to 1.5% in September. Annual average HICP inflation was 2.4% in September, slightly below August's 2.6%.

FocusEconomics Consensus Forecast participants expect HICP inflation to average 2.1% this year, which is unchanged over the previous month's forecast. In 2014, the panel expects HICP inflation to slow to 1.9%.

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Slovenia Inflation Chart

Slovenia Inflation September 2013

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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