Slovenia: Consumer prices decline in annual terms for ninth consecutive month
October 1, 2015
Consumer prices decreased 0.1% in September over the previous month, which contrasted the 0.1% increase tallied in August. The monthly reading reflected that lower prices for transportation, housing, and recreation and culture, more than offset much higher prices for clothing and footwear.
Consumer prices fell 0.6% in annual terms in September, which followed the 0.3% decline tallied in August and marked the ninth consecutive negative reading. Meanwhile, annual harmonized consumer prices fell 1.0% in September, following the 0.6% decrease observed in the previous month. Annual average HICP fell 0.5% in September, which was down from August’s 0.4% decline.
Author: Carl Kelly, Economist