Slovenia: Annual consumer prices decline for eighth consecutive month
August 31, 2015
Consumer prices increased 0.1% in August over the previous month, which contrasted the 0.8% decrease tallied in July. The monthly reading reflected that higher prices for electricity, package holidays, and clothing were offset by lower prices for petroleum products.
Consumer prices fell 0.3% in annual terms in August, which was up slightly from the 0.4% decline tallied in July but marked the eighth consecutive negative reading. Meanwhile, annual harmonized consumer prices fell 0.6% in August, following the 0.7% decrease observed in the previous month. Annual average HICP fell 0.4% in August, matching July’s result.
Author: Carl Kelly, Economist