Slovenia Inflation

Slovenia

Slovenia: Inflation inches up again in June

June 30, 2014

Consumer prices rose 0.1% over the previous month in June, which was down from the 0.6% increase tallied in May. The increase primarily reflects higher prices for recreation and culture as well as for communications.

Annual headline inflation inched up from 0.7% in May to 0.8% in June, which marked the highest rate in five months. Meanwhile, annual HICP inflation (based on the harmonized index of consumer prices) stabilized at May’s 1.0% in June. Annual average HICP inflation inched down from May’s 1.3 to 1.2% in June, which marked the lowest level since April 2010.

The Central Bank expects HICP inflation to average 0.5% in 2014 and 1.1% in 2015. FocusEconomics Consensus Forecast participants expect HICP inflation to average 0.9% in 2014, which is down 0.1 percentage points over the previous month’s forecast. In 2015, the panel expects HICP inflation to accelerate to 1.4%.


Author: Ricard Torné, Head of Economic Research

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Slovenia Inflation June 2014

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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