Slovenia: Inflation flat in August
September 7, 2016
In August, consumer prices did not change over the previous month. The figure was up from the 0.9% drop seen in July, which had marked the lowest figure in six months. In August, higher prices for garments offset lower prices for petroleum products.
Inflation was flat in August, which was down from the 0.2% observed in July and dropped to the lowest reading in three months. July’s reading had marked the second consecutive time that the annual change in consumer prices was positive, while prices had fallen between January 2015 and May 2016. Meanwhile, the annual variation in the HICP was minus 0.4% in August, inching up from July’s minus 0.5%. The annual average variation of HICP inflation increased slightly from July’s minus 0.7% to minus 0.6% in August.
Author: Dirina Mançellari, Senior Economist