Slovenia Inflation September 2020

Slovenia

Slovenia: Consumer prices post biggest annual fall since June in September

October 8, 2020

Consumer prices dropped a seasonally-adjusted 0.39% from the previous month in September, a sharper drop then the 0.06% decline seen in August. September's result marked the sharpest fall in prices since April. The drop was broad-based, with reduced price pressures recorded for food and non-alcoholic beverages, transportation, and electricity, gas and other fuels. Contrastingly, prices for clothes and footwear rose.

Consumer prices fell 0.3% on an annual basis in September, down from August’s 0.1% fall. September's reading represented the largest fall in consumer prices since May. Annual average inflation fell to 0.5% in September (August: 0.7%). Harmonized inflation was stable, coming in at August's 0.7% in September.

FocusEconomics Consensus Forecast participants project harmonized inflation averaging 0.3% in 2020, which is unchanged from last month’s estimate, and 1.4% in 2021, which is up 0.1 percentage points from the previous month’s forecast.


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Slovenia Inflation September 20 20 0

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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