Slovenia: Consumer prices flat in July
July 31, 2014
Consumer prices fell 1.1% in July over the previous month, which contrasted the 0.1% increase tallied in June and marked the lowest print in three years. The monthly drop mostly reflected a sharp drop in clothing and footwear due to summer sales.
Annual headline inflation tumbled from 0.8% in June to a flat reading in July. July’s print represented the lowest rate since September 2009. Meanwhile, annual HICP inflation (based on the harmonized index of consumer prices) fell from June’s 1.0% to 0.3% in July. Annual average HICP inflation ticked down from June’s 1.2% to 0.9% in July, which marked the lowest level since March 2010.