Slovenia Inflation April 2020


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%).

FocusEconomics Consensus Forecast participants project harmonized inflation averaging 0.8% in 2020, which is down 0.4 percentage points from last month’s estimate, and 1.3% in 2021.

Author:, Economist

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Slovenia Inflation Chart

Slovenia Inflation April 20 20

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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