Slovenia Inflation

Slovenia

Slovenia: Decrease in consumer prices softens in May

May 29, 2015

Consumer prices rose 0.8% in May over the previous month, accelerating from the 0.1% increase tallied in April. The monthly reading mostly reflected an increase in the price of fruits and petroleum products.

Annual consumer prices fell 0.5% in May, which followed the 0.7% decline tallied in April. Meanwhile, annual harmonized consumer prices fell 0.8%, following the 0.7% decrease observed in the previous month. Annual average HICP fell 0.2% in May, inching down from the flat reading recorded in April.

The Central Bank expects HICP inflation to average minus 0.1% in 2015. FocusEconomics Consensus Forecast participants expect HICP inflation to average 0.2% in 2015, which is unchanged over the previous month’s forecast. In 2016, the panel expects HICP inflation to accelerate to 1.3%.


Author:, Economist

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Slovenia Inflation May 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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