Slovenia: Inflation climbs to a 15-month high in May
May 31, 2018
Consumer prices rose 1.2% over the previous month in May following a 0.7% month-on-month rise in April. Eleven out of the 12 sub-components saw prices rise from the previous month, while the remaining sub-component recorded a decline in prices. Prices for recreation and culture rose the most, while health was the only category that saw a decline in prices.
Inflation rose from 1.5% in April to 2.0% in May, the highest print since February of last year. Harmonized consumer prices climbed 1.0% over the previous month, following a 0.4% increase in April. Meanwhile, harmonized inflation edged up to 2.2% in May from 1.9% in April. Annual average harmonized inflation in April remained at March’s 1.5%.
Author: Nihad Ahmed, Economist