Slovenia Inflation February 2020

Slovenia

Slovenia: Inflation moderates in February

February 28, 2020

Consumer prices rose 0.7% over the previous month in February, contrasting their 0.9% fall in January. The upturn reflected higher prices for household equipment and health, as well as a softer decline in prices for clothing.

Conversely, inflation eased to 2.0% from 2.1% in January, while harmonized inflation decelerated to 2.0% from 2.3% in the previous month. Lastly, annual average inflation edged up to 1.8% in February (January: 1.7%).

The Central Bank expects harmonized inflation to average 2.0% in both 2020 and 2021. FocusEconomics Consensus Forecast participants project it averaging 1.7% in 2020, which is unchanged from last month’s estimate, and 1.9% in 2021.


Author:, Economist

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Slovenia Inflation February 20 20

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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