Slovenia: Year-on-year consumer prices decline for the first time in almost three years in April
April 30, 2020
Consumer prices fell 0.9% over the previous month in April, after decreasing 0.8% in March. The steeper decline largely reflected lower prices for transport; housing, water, electricity, gas and other fuels; clothing and footwear; household equipment; and communications.
Meanwhile, on an annual basis, consumer prices declined 1.2% in April, contrasting their 0.5% increase in the previous month, while annual harmonized consumer prices fell 1.3% (March: 0.7%). Lastly, annual average inflation fell to 1.4% in April (March: 1.7%).
Author: Nicolás J. Aguilar, Economist