Slovenia Inflation November 2018

Slovenia

Slovenia: Inflation edges down in November

November 30, 2018

Consumer prices increased 0.1% over the previous month in November, following a 0.3% month-on-month rise in October. Seven out of 12 sub-components registered higher prices, four recorded a decline in prices, and the remaining category came in flat from October. Prices for furnishings, household equipment and routine household maintenance rose by the biggest magnitude, while restaurants and hotels saw the largest decline in prices.

Inflation edged down to 2.0% in November, from 2.2% in October. Harmonized consumer prices rose 0.1% over the previous month in November, after increasing 0.4% in October. Meanwhile, harmonized inflation inched down from 2.3% in October to 2.1% in November. Annual average harmonized inflation creeped up to 2.0% in November, from 1.9% in October.

The Central Bank expects harmonized consumer prices to average 2.2% in 2019 and 2.3% in 2020. FocusEconomics Consensus Forecast participants expect harmonized inflation to average 1.9% in 2019, which is unchanged from last month’s forecast. In 2020, the panel expects HICP to also average 2.1%.


Author:, Economist

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Slovenia Inflation November 2018

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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