Slovenia Inflation June 2018

Slovenia

Slovenia: Inflation inches up in June

June 29, 2018

Consumer prices came in flat from the previous month in June, following a 1.2% month-on-month rise in May. Seven out of the 12 sub-components recorded an increase in prices from the previous month, while the remaining five categories registered falling prices in the month. Prices for recreation and culture increased the most, while prices for clothing and footwear saw the biggest decline.

Inflation inched up from 2.0% in May to 2.1% in June, the highest print since February of last year. Harmonized consumer prices came in flat over the previous month in June after a 1.0% month-on-month rise in May. Meanwhile, harmonized inflation inched up to 2.3% in June from 2.2% in May. Annual average harmonized inflation in June inched up to 1.6% from 1.5% in May.

The Central Bank expects harmonized consumer prices to average 2.0% in 2018 and 2.2% in 2019. FocusEconomics Consensus Forecast participants expect harmonized inflation to average 1.8% in 2018, which is up 0.1 percentage points from last month’s forecast. In 2019, the panel expects HICP to average 1.9%.


Author:, Economist

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Slovenia Inflation June 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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