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Slovenia Inflation

Slovenia Inflation

Inflation in Slovenia

Harmonized consumer price inflation averaged 1.8% in the ten years to 2022, in line with the Euro Area average of 1.8%. The 2022 average figure was 9.3%. For more inflation information, visit our dedicated page.

Slovenia Inflation Chart

Note: This chart displays Inflation (HICP, ann. var. %, aop) for Slovenia from 2014 to 2023.
Source: Statistical Office of Slovenia.

Slovenia Inflation Data

2018 2019 2020 2021 2022
Inflation (HICP, ann. var. %, aop) 1.9 1.7 -0.3 2.0 9.3
Inflation (CPI, ann. var. %, eop) 1.4 1.8 -1.1 4.9 10.3
Inflation (HICP, ann. var. %, eop) 1.4 2.0 -1.2 5.1 10.8
Inflation (PPI, ann. var. %, aop) 2.1 0.7 -0.3 5.5 19.6

Harmonized inflation drops to over two-year low in December

Harmonized inflation dropped to 3.8% in December from November’s 4.5%. December's reading represented the lowest inflation rate since October 2021, although it came in above the Euro area average of 2.9%. Looking at the details of the release, the decline was broad-based but chiefly reflected a sharp fall in inflation for food and non-alcoholic beverages, and lower prices for transportation. Annual average harmonized inflation fell to 7.2% in December (November: 7.8%). Meanwhile, consumer price inflation fell to 4.2% in December, from November’s 4.9%. Lastly, harmonized consumer prices dropped 0.60% from the previous month in December, a less pronounced fall than November's 0.80% drop.

Consensus Forecasts and Projections for the next ten years

How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Slovenian inflation projections for the next ten years from a panel of 12 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable inflation forecast available for Slovenian inflation.

Download one of our sample reports to visualize what a Consensus Forecast is and see our Slovenian inflation projections.

Want to get access to the full dataset of Slovenian inflation forecasts? Send an email to info@focus-economics.com.

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