Slovenia Inflation September 2019

Slovenia

Slovenia: Inflation declines notably in September

September 30, 2019

Consumer prices fell 0.2% over the previous month in September, contrasting a 0.4% month-on-month rise in August. A sharp drop in the prices for recreation and culture led the decline in overall prices, followed by lower transport costs. These more than offset notably higher prices for clothing and footwear.

Inflation slid to 1.7% in September, from 2.3% in August. Similarly, harmonized inflation declined to 1.7% in September, from 2.4% in August. Lastly, annual average harmonized inflation remained steady at 1.8% in September.

The Central Bank expects harmonized inflation to average 1.7% in 2019 and 2.0% in 2020. FocusEconomics Consensus Forecast participants project it averaging 1.6% in 2019, which is unchanged from last month’s forecast, and 1.8% in 2020, which is also unchanged from last month’s estimate.


Author:, Economist

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Slovenia Inflation September 2019 0

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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