Slovenia Inflation

Slovenia

Slovenia: Inflation hits lowest level in over four years

February 7, 2014

Consumer prices fell 0.6% over the previous month in January, which was up from the 0.9% decline tallied in December. The decrease primarily reflects lower prices for clothing and footwear as well as for housing, water and electricity. Annual headline inflation inched up from 0.7% in December to 0.8% in January.


Meanwhile, annual HICP inflation (based on the harmonized index of consumer prices) remained stable at December's 0.9%. Annual average HICP inflation inched down from 1.9% in December to 1.8% in January.


FocusEconomics Consensus Forecast participants expect HICP inflation to average 1.7% in 2014, which is unchanged over the previous month's forecast. In 2015, the panel expects HICP inflation to slow to 1.8%.


Author: Ricard Torné, Head of Economic Research

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Slovenia Inflation January 2014

Note: Month-on-month and year-on-year variation of consumer price index in %.
Source: Statistical Office of the Republic of Slovenia (SORS) and FocusEconomics calculations.


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