Slovenia: Inflation drops in October
October 30, 2017
In October, consumer prices increased 0.1% over the previous month, down from a 0.2% rise in September. Higher prices for clothing and footwear, and greater costs for education spearheaded the increase in prices. The reduction from the previous month can be attributed to a notable decline in prices for recreation and culture.
Inflation fell to 1.0% in October, down from 1.4% in September, led by lower prices for clothing and footwear in annual terms. Meanwhile, harmonized consumer prices mirrored September’s 0.3% rise, and harmonized inflation inched down to 1.3% (September: 1.4%). Likewise, annual average harmonized inflation dipped slightly to 1.3% in October from 1.4% in September.
Author: Nihad Ahmed, Economist