Slovenia: Decrease in consumer prices moderates in March
March 31, 2015
Consumer prices rose 0.9% in March over the previous month, which marked the highest increase in 30 months. The monthly reading mostly reflected a large increase in the prices of garments and footwear due to the new spring-summer collection, as well as higher prices for fuels.
Annual consumer prices fell 0.3% in March, which followed the 0.4% decline tallied in February and was the highest result in the last three months. Meanwhile, annual harmonized consumer prices fell 0.4%, which followed the 0.5% decrease observed in the previous month. Annual average HICP inflation inched down from 0.2% in February to 0.1% in March.
Author: Eric Denis , Economist