Slovenia: Consumer prices decline again in December
January 1, 2016
Consumer prices decreased 0.4% in December over the previous month, which contrasted the 0.1% increase tallied in November. The monthly reading mainly reflected a steep drop in prices for clothing and footwear.
Consumer prices fell 0.5% in annual terms in December, which matched November’s reading. Meanwhile, annual harmonized consumer prices fell 0.6% in December, following the 0.9% decrease observed in the previous month. Annual average HICP fell 0.8% in December, which was down from October’s 0.7% decline.
Author: Carl Kelly, Economist