Slovenia Inflation May 2020

Slovenia

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%).

FocusEconomics Consensus Forecast participants project harmonized inflation averaging 0.5% in 2020, which is down 0.3 percentage points from last month’s estimate, and 1.3% in 2021.


Author:, Economist

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Slovenia Inflation May 20 20 1

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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