Slovenia: Inflation rises in April
Consumer prices rose by 2.56% in April over the previous month, compared to March’s 1.11% decline. April’s result marked the strongest reading on record.
Inflation came in at 6.9% in April, which was up from March’s 5.4%. Meanwhile, the trend pointed up, with annual average inflation coming in at 4.0% in April (March: 3.5%). Finally, harmonized inflation increased to 7.4% in April, from the previous month’s 6.0%.
On the outlook, analysts at Erste Bank highlighted:
“Inflation pressures will most likely remain pronounced […] heading into , reflecting global energy and commodity price developments, hence supply-side developments. Meanwhile, we continue to see demand-side pressures staying balanced.”