Slovenia: Inflation rises to two-and-a-half year high in August
August 30, 2019
Consumer prices rose 0.4% over the previous month in August, contrasting a 0.7% month-on-month drop in July. Higher prices for clothing and footwear led the upturn, followed by increased costs for recreation and culture, and restaurants and hotels. Meanwhile, harmonized consumer prices rebounded from a 0.7% fall in June to a 0.4% rise.
Inflation climbed to 2.3% in August from 2.0% in July—the highest print since February 2017. Harmonized inflation rose to 2.4% from 2.0% in July. Lastly, annual average harmonized inflation remained stable at 1.8% in August.
Author: Nihad Ahmed, Economist