Slovenia: Inflation rises in September
September 30, 2016
In September, consumer prices edged up 0.1% from the previous month, which was above the flat growth recorded in August. The slight increase in September reflected higher prices for garments, which offset lower prices for petroleum products.
Inflation came in at 0.2% in September, which contrasted the zero reading observed in August. September’s reading marked the fourth consecutive time that the annual change in consumer prices was not negative. Consumer prices had fallen uninterruptedly from January 2015 to May 2016. Meanwhile, harmonized inflation was 0.2% in September, contrasting August’s 0.2% annual drop in harmonised prices. The annual average variation of HICP inflation increased slightly from August’s minus 0.6% to minus 0.5% in September.
Author: Dirina Mançellari, Senior Economist