Lake Bled in Slovenia

Slovenia Inflation May 2023

Slovenia: Harmonized inflation declines to lowest level since April 2022 in May

Harmonized inflation dropped to 8.1% in May, following April’s 9.2%. May’s figure marked the lowest inflation rate since April 2022. The moderation was broad-based, with reduced price pressures recorded for food and non-alcoholic beverages, transportation, and housing and utilities.

The trend was unchanged, with annual average harmonized inflation coming in at April’s 10.3% in May. Meanwhile, consumer price inflation fell to 8.4% in May, from the previous month’s 9.4%.

Lastly, harmonized consumer prices increased 0.90% over the previous month in May, coming in below the 1.00% increase recorded in April.

On the outlook, Alen Kovac and Ivana Rogic from Erste Group commented:

“Looking ahead, the coming months should bring inflation […] towards mid-single digits, mainly reflecting upside food price pressures. However, energy prices should keep a deflationary tone, especially provided that no additional external shocks occur.”

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest