Slovenia Inflation October 2020

Slovenia

Slovenia: Consumer prices continue to fall in October

October 30, 2020

Consumer prices increased a seasonally-adjusted 0.31% in October over the previous month, swinging from September's 0.39% fall. October's result marked the sharpest increase in prices since June, and was driven by a faster increase in clothing prices, as well as a softer decline in prices for recreation and culture.

Consumer prices declined 0.1% year-on-year in October, a more moderate drop than September’s 0.3% fall. Annual average inflation fell to 0.4% in October (September: 0.5%). Lastly, harmonized prices fell 0.5% on an annual basis in October, which was a more moderate drop than September's 0.7% decrease.

FocusEconomics Consensus Forecast participants project harmonized inflation to average 1.4% in 2021, which is unchanged from last month’s estimate, and 1.7% in 2022.


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Slovenia Inflation October 20 20

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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