Slovenia Inflation September 2018

Slovenia

Slovenia: Inflation edges up in September

September 28, 2018

Consumer prices rose 0.4% over the previous month in September, following a 0.1% month-on-month increase in August. Seven out of the 12 categories recorded higher prices, led by the sub-component of clothing and footwear. Of the remaining the sub-components, three of them saw a decline in prices and the remaining one—transport—registered stable prices from the previous month.

Inflation edged up to 2.0% in September, from 1.8% in August. After coming in flat in August, harmonized consumer prices rose 0.5% over the previous month in September. Meanwhile, harmonized inflation increased from 2.0% in August to 2.2% in September. Annual average harmonized inflation in September remained at August’s 1.8%.

The Central Bank expects harmonized consumer prices to average 1.4% in 2018 and 2.0% in 2019. FocusEconomics Consensus Forecast participants expect harmonized inflation to average 1.9% in 2018, which is unchanged from last month’s forecast. In 2019, the panel expects HICP to also average 2.0%.


Author:, Economist

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Slovenia Inflation September 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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