Slovenia: Consumer prices decline at a sharper annual rate in February
Consumer prices increased a seasonally-adjusted 0.29% in February over the previous month, rebounding from a 0.43% drop logged in January. Looking at the details of the release, higher holiday and fuel prices drove the uptick, while still-active winter sales kept garment prices low.
Consumer prices fell 1.0% on an annual basis in February, a more pronounced drop than January’s 0.7% decrease. Meanwhile, the trend pointed down mildly, with the annual average variation of consumer prices coming in at minus 0.5% in February (January: -0.3%). Lastly, harmonized prices fell 1.1% on an annual basis in February, which was a sharper drop compared to January’s 0.9% decrease.