Slovenia: Inflation hits over two-year high in October
November 4, 2016
In October, consumer prices edged up 0.5% from the previous month, which was above the 0.1% increase in September. The increase mainly reflected higher prices for clothing and footwear as new lines in stores continued to have an impact on prices.
Inflation came in at 0.6% in October, which followed the 0.2% in September. October’s reading marked the highest rate since June 2014. Meanwhile, harmonized inflation was 0.7% in October, following September’s 0.2%. The annual average variation in harmonized prices increased from September’s minus 0.5% to minus 0.4% in October.
Author: Dirina Mançellari, Senior Economist