Slovenia Inflation January 2020


Slovenia: Inflation rises in January

February 14, 2020

Consumer prices fell 0.9% over the previous month in January, following December’s 0.2% decline. January’s print reflected lower prices for clothing and footwear, health, transport, and recreation and culture.

Conversely, inflation jumped to 2.1% from 1.8% in December. Meanwhile, harmonized inflation accelerated to 2.3% in January from 2.0% in the previous month. Lastly, annual average inflation edged up to 1.7% in January from 1.6% in December.

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 Chart

Slovenia Inflation January 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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