Slovenia Inflation

Inflation picks up in May from the prior month

Latest reading: Harmonized consumer prices were up 3.8% on a year-on-year basis in May, following a 3.4% rise in the previous month. May's reading was the strongest since November 2023. Relative to the previous month's data, there were higher price pressures for transportation (+6.3% in annual terms vs +5.4% in April), housing and utilities (+11.0% vs +10.9% in April) and recreation (+2.2% vs +1.6% in April). In contrast, there were milder price pressures for food and non-alcoholic beverages (+1.1% vs +1.2% in April) and restaurants and hotels (+3.4% vs +3.9% in April). Meanwhile, consumer prices rose 3.6% in May, following a 3.1% rise in the prior month. Lastly, harmonized consumer prices rose 0.34% in May on a month-on-month basis, following a 1.83% increase in the prior month.

How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Slovenian inflation projections for the next ten years from a panel of 15 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable inflation forecast available for Slovenian inflation.

Download one of our sample reports to visualize what a Consensus Forecast is and see our Slovenian inflation projections.

Want to get access to the full dataset of Slovenian inflation forecasts? Send an email to info@focus-economics.com.