Slovenia Inflation June 2019

Slovenia

Slovenia: Inflation picks up June

June 28, 2019

Consumer prices increased 0.3% over the previous month in June, following a 0.9% month-on-month upturn in May. The print reflected higher food prices, which more than offset a drop in the costs of housing, water, electricity, gas and other fuels. Meanwhile, harmonized consumer prices also rose 0.3% month-on-month in June, down from May’s 0.8% result.

Inflation climbed to 1.8% in June (May: 1.4%), while harmonized inflation edged up to 1.9% (May: 1.6%). Annual average harmonized inflation, meanwhile, remained at 1.8%.

The Central Bank expects harmonized inflation to average 2.2% in 2019 and 2.3% in 2020. FocusEconomics Consensus Forecast participants project it averaging 1.5% in 2019, which is unchanged from last month’s forecast, and 1.8% in 2020.


Author:, Economist

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Slovenia Inflation June 2019

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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