Slovenia Inflation

Slovenia

Slovenia: Annual consumer prices continue to decline in June

June 30, 2015

Consumer prices fell 0.1% in June over the previous month, which contrasted the 0.8% increase tallied in May. The monthly reading mostly reflected a decrease in the price of food and non-alcoholic beverages.

Annual consumer prices fell 0.7% in June, which followed the 0.5% decline tallied in May and marked the sixth consecutive negative reading. Meanwhile, annual harmonized consumer prices fell 0.9% in June, following the 0.8% decrease observed in the previous month. Annual average HICP fell 0.3% in June, down from the 0.2% fall recorded in April.

The Central Bank expects HICP inflation to average minus 0.1% in 2015. FocusEconomics Consensus Forecast participants expect HICP inflation to average 0.2% in 2015, which is unchanged over the previous month’s forecast. In 2016, the panel expects HICP inflation to accelerate to 1.3%.


Author:, Economist

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Slovenia Inflation June 2015

Note: Year-on-year and month-on-month variation of consumer price index in %.
Source: Statistical Office of the Republic of Slovenia (SORS).


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