Slovenia: Inflation returns in March
April 7, 2021
Consumer prices increased 0.34% in March over the previous month, picking up from the 0.29% rise recorded in February. March's reading was the sharpest increase in prices since June 2020. Looking at the details of the release, electricity, gas and other fuels prices rose at a quicker pace in March compared to the previous month, while price pressures for transportation picked up pace. In addition, prices for clothing and footwear gained steam.
Inflation came in at 0.1% in March, contrasting February’s 1.0% drop in prices. Meanwhile, the trend pointed down slightly, with the annual average variation of consumer prices coming in at minus 0.6% in March (February: -0.5%). Harmonized consumer prices rose 0.1% in annual terms, contrasting the previous month's 1.1% decline.