Slovenia: Consumer prices decline year-on-year for second consecutive month in May
May 29, 2020
Consumer prices rose 0.9% over the previous month in May, after decreasing 0.9% in April. The rebound largely reflected higher prices for food; recreation and culture; and clothing and footwear.
Meanwhile, on an annual basis, consumer prices declined 1.2% in May, matching April’s result, while annual harmonized consumer prices fell 1.4% year-on-year (April: -1.3%). Lastly, annual average inflation fell to 1.2% in May (April: 1.4%).
Author: Nicolás J. Aguilar, Economist