Lake Bled in Slovenia

Slovenia Inflation December 2021

Slovenia: Inflation comes in at highest level since September 2008 in December

Consumer prices fell 0.01% in December over the previous month, swinging from November’s 0.70% rise. December’s result marked the weakest reading since September. Looking at the details of the release, prices for food and non-alcoholic beverages rose in December, having fallen in the previous month. In contrast, prices for transportation dropped after growing in the previous month. Meanwhile, electricity, gas and other fuels prices rose at a weaker pace.

Inflation rose to 4.9% in December, above November’s 4.6%. December’s figure marked the highest inflation rate since September 2008. Meanwhile, the trend pointed up, with annual average inflation coming in at 1.9% in December (November: 1.4%). Lastly, harmonized inflation ticked up to 5.1% in December, from the previous month’s 4.9%.

On the outlook, analysts at Erste Bank highlighted:

“Inflation pressures will most likely remain pronounced […] heading into [2022], reflecting global energy and commodity price developments, hence supply-side developments. Meanwhile, we continue to see demand-side pressures staying balanced.”

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest