Slovenia Inflation August 2021

Slovenia

Slovenia: Inflation increases in August

August 31, 2021

Consumer prices increased 0.09% in August over the previous month, coming in below the 0.41% rise logged in July. August's result marked the lowest reading since January. Looking at the details of the release, prices for food and non-alcoholic beverages were largely unchanged in August, while prices for transportation rose at a slower pace. Meanwhile, electricity, gas and other fuels prices were stable.

Inflation came in at 2.1% in August, up from July’s 2.0%. Annual average inflation ticked up to 0.5% in August (July: 0.3%). Finally, harmonized inflation ticked up to 2.1% in August, from the previous month's 2.0%.

FocusEconomics Consensus Forecast participants project harmonized inflation to average 1.5% in 2021, which is up 0.1 percentage points from last month’s estimate, and 1.8% in 2022.


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Slovenia Inflation August 2021

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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