Slovenia Inflation

Slovenia

Slovenia: Consumer prices decline again in November

November 30, 2015

Consumer prices increased 0.1% in November over the previous month, which was up from the flat reading tallied in October. The monthly reading mainly reflected higher prices for clothing and footwear.

Consumer prices fell 0.5% in annual terms in November, which followed the record 0.8% decline tallied in October. Meanwhile, annual harmonized consumer prices fell 0.9% in November, following the 1.2% decrease observed in the previous month. Annual average HICP fell 0.7% in November, which was down from October’s 0.6% decline.

The Central Bank expects HICP inflation to average minus 0.1% in 2015. FocusEconomics Consensus Forecast participants expect HICP inflation to average minus 0.5% in 2015, which is down 0.2 percentage points over the previous month’s forecast. In 2016, the panel expects HICP inflation to accelerate to 0.7%, which is also down 0.2 percentage points from last month’s estimate.


Author:, Economist

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Slovenia Inflation November 2015 0

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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