Slovenia Inflation March 2019

Slovenia

Slovenia: Inflation rises in March

March 29, 2019

Consumer prices rose 0.7% from the previous month in March, after increasing 0.8% month-on-month in February. The monthly deceleration was driven by marginally lower prices for food and non-alcoholic beverages, compared with the previous month. Meanwhile, harmonized consumer prices increased 0.7% month-on-month in March, matching February’s result.

Inflation rose to 1.6% in March (February: 1.2%), while harmonized inflation increased at the same pace (March: 1.6%; February: 1.3%). Annual average harmonized inflation, meanwhile, matched February’s 1.9% reading.

The Central Bank expects harmonized inflation to average 2.2% in 2019 and 2.3% in 2020. FocusEconomics Consensus Forecast participants, meanwhile, project it averaging 1.7% in 2019, which is down 0.1 percentage points from last month’s forecast, and 2.0% in 2020.


Author:, Economist

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Slovenia Inflation March 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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