Slovenia Inflation

Slovenia

Slovenia: Decrease in consumer prices moderates in February

February 27, 2015

Consumer prices rose 0.2% in February over the previous month, which contrasted the 1.3% decrease tallied in January. The monthly reading mostly reflected an increase in prices for telephone and internet services as well as for vegetables.

Annual consumer prices fell 0.4% in February, which followed the 0.5% decline tallied in January. January’s figure had represented the largest decrease in consumer prices since July 2009. Meanwhile, annual harmonized consumer prices fell 0.5%, which followed the 0.7% decrease observed in the previous month. Annual average HICP inflation remained at January’s 0.2% in February.

The Central Bank expects HICP inflation to average 0.7% in 2015. FocusEconomics Consensus Forecast participants expect HICP inflation to average 0.5% in 2015, which is unchanged over the previous month’s forecast. In 2016, the panel expects HICP inflation to accelerate to 1.0%.


Author: Angela Bouzanis, Senior Economist

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Slovenia Inflation February 2015

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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