Slovenia Inflation September 2021

Slovenia

Slovenia: Inflation comes in at highest level since July 2013 in September

September 30, 2021

Consumer prices dropped 0.06% from the previous month in September, swinging from the 0.09% rise recorded in August. September's result marked the weakest reading since January. Looking at the details of the rate, the decline was largely due to lower prices of package holidays as well as of accommodation services, offsetting the effect of an increase in the price of garments and footwear.

Inflation increased to 2.4% in September, above August’s 2.1%. September's reading marked the highest inflation rate since July 2013. Meanwhile, the trend pointed up mildly, with annual average inflation coming in at 0.7% in September (August: 0.5%). Lastly, harmonized inflation rose to 2.7% in September, from the previous month's 2.1%.

FocusEconomics Consensus Forecast participants project harmonized inflation to average 1.8% in 2022, which is unchanged from last month’s estimate, and 1.7% in 2023.


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Slovenia Inflation September 2021

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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