Slovenia: Consumer prices decline at record annual pace in October
October 30, 2015
Consumer prices were unchanged in October over the previous month, which was up from the 0.1% decrease tallied in September. The monthly reading reflected that lower prices in several categories, including food and beverages as well as transportation, were offset by much higher prices for clothing and footwear.
Consumer prices fell 0.8% in annual terms in October, which followed the 0.6% decline tallied in September and marked a record low. Meanwhile, annual harmonized consumer prices fell 1.2% in October, following the 1.0% decrease observed in the previous month. Annual average HICP fell 0.6% in October, which was down from September’s 0.5% decline.
Author: Carl Kelly, Economist