Slovenia: Consumer prices decrease for 16th consecutive month in April
April 29, 2016
Consumer prices increased 0.4% in April over the previous month, which was below the 0.7% decrease recorded in March. The monthly reading mainly reflected an increase in the prices of clothing and footwear as the post-holiday discount season drew to a close.
Consumer prices fell 0.6% in annual terms in April, a less severe decrease than the 0.9% drop recorded in March. Meanwhile, annual harmonized consumer prices fell 0.7% in April, up from the 1.0% drop seen in March. Annual average HICP fell 0.8% in March for the fifth month in a row.
Author: Robert Hill, Economist