Slovenia Inflation June 2022

Slovenia

Slovenia: Inflation increases in June to highest since 1996

June 30, 2022

Consumer prices increased 2.74% in June over the previous month, picking up from the 2.03% rise logged in May.

Inflation came in at 10.4% in June, which was up from May’s 8.1%. June's figure represented the highest inflation rate since 1996. The stronger print was largely due to faster price increases for electricity, gas and other fuels; petroleum products; and food.

Annual average inflation rose to 5.5% in June (May: 4.8%). Lastly, harmonized inflation rose to 10.8% in June, from May’s 8.7%.

FocusEconomics Consensus Forecast participants project harmonized inflation to average 7.6% in 2022, which is up 0.6 percentage points from last month’s forecast. In 2023, the panel expects harmonized inflation to average 4.9%.


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Slovenia Inflation June 2022

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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