Slovenia: Annual consumer prices continue to decline in July
July 31, 2015
Consumer prices fell 0.8% in July over the previous month, which followed the 0.1% decrease tallied in June. The monthly reading mostly reflected the impact of summer retail sales.
Consumer prices fell 0.4% in annual terms in July, which was up from the 0.7% decline tallied in June and marked the seventh consecutive negative reading. Meanwhile, annual harmonized consumer prices fell 0.7% in July, following the 0.9% decrease observed in the previous month. Annual average HICP fell 0.4% in July, down from the 0.3% fall recorded in June.
Author: Carl Kelly, Economist