Slovenia Inflation


Inflation stabilizes in November

Consumer prices fell 0.1% over the previous month in November, undershooting October's flat reading. The decrease primarily reflects lower prices for communications, as well as for restaurants and hotels.

Annual headline inflation stabilized at the previous month's 1.3%, thus remaining at the lowest level since May. Meanwhile, annual HICP inflation (based on the harmonized index of consumer prices) inched up from 1.1% in October to 1.2% in November. Annual average HICP inflation declined from 2.2% in October to 2.1% in November.

FocusEconomics Consensus Forecast participants expect HICP inflation to average 2.2% this year, which is unchanged over the previous month's forecast. In 2014, the panel expects HICP inflation to slow to 1.8%, which is down 0.1 percentage points from last month's estimate.

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Slovenia Inflation Chart

Slovenia Inflation November 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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