Consumer prices in Slovenia decreased 1.2 percent year-on-year in May of 2020, the same pace as in the previous month. It was the second consecutive month of deflation and at the steepest pace since at least May of 1994, as the global pandemic continued to hit demand. Main downward pressure came from prices of transport (-7.8 percent vs -7.6 percent in April), due to fuels; housing & utilities (-8.6 percent vs -7.8 percent) and clothing & footwear (-4.2 percent vs -3.4 percent). Meantime, inflation remained steady for food & non-alcoholic beverages (at 5.2 percent). On a monthly basis, consumer prices were up 0.9 percent, reversing a 0.9 percent decrease in the previous month.

Inflation Rate in Slovenia averaged 4.68 percent from 1994 until 2020, reaching an all time high of 22.60 percent in August of 1994 and a record low of -1.20 percent in April of 2020. This page provides the latest reported value for - Slovenia Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Slovenia Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2020. source: Statistical Office of the Republic of Slovenia

Inflation Rate in Slovenia is expected to be 1.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Slovenia to stand at 2.30 in 12 months time. In the long-term, the Slovenia Inflation Rate is projected to trend around 2.30 percent in 2021 and 2.40 percent in 2022, according to our econometric models.

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Slovenia Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
-1.20 -1.20 22.60 -1.20 1994 - 2020 percent Monthly
2012=100


Calendar GMT Actual Previous Consensus TEForecast
2020-02-28 09:30 AM Feb 2.0% 2.1% 2%
2020-03-31 08:30 AM Mar 0.5% 2.0% 1.8%
2020-04-30 08:30 AM Apr -1.2% 0.5% 0.3%
2020-05-29 08:30 AM May -1.2% -1.2% -0.7%
2020-06-30 08:30 AM Jun -1.2% 1.9%
2020-07-31 08:30 AM Jul
2020-08-31 08:30 AM Aug
2020-09-30 08:30 AM Sep 2%


News Stream
Slovenia Consumer Prices Fall the Most on Record
Consumer prices in Slovenia decreased 1.2 percent year-on-year in May of 2020, the same pace as in the previous month. It was the second consecutive month of deflation and at the steepest pace since at least May of 1994, as the global pandemic continued to hit demand. Main downward pressure came from prices of transport (-7.8 percent vs -7.6 percent in April), due to fuels; housing & utilities (-8.6 percent vs -7.8 percent) and clothing & footwear (-4.2 percent vs -3.4 percent). Meantime, inflation remained steady for food & non-alcoholic beverages (at 5.2 percent). On a monthly basis, consumer prices were up 0.9 percent, reversing a 0.9 percent decrease in the previous month.
2020-05-29
Slovenia March Inflation Rate at Over 3-Year Low of 0.5%
The annual inflation rate in Slovenia fell to 0.5 percent in March of 2020 from 2 percent in the previous month. This was the softest inflation rate since December of 2016, amid lower prices of housing & utilities (-5.4 percent vs 3.4 percent in February); transport (-1.5 percent vs -0.3 percent) and recreation & culture (-0.2 percent vs 0.7 percent). At the same time, inflation slowed for miscellaneous goods & services (4 percent vs 5.4 percent) and clothing & footwear (0.7 percent vs 1.8 percent). In contrast, costs rose faster for food & non-alcoholic beverages (4.6 percent vs 4 percent). On a monthly basis, consumer prices went down 0.8 percent, after increasing 0.7 percent in the previous month.
2020-03-31
Slovenia Inflation Rate Slows in February
The annual inflation rate in Slovenia fell to 2.0 percent in February of 2020 from 2.1 percent in the prior month. Transport cost dropped (-0.3 percent vs 1.3 percent in January) while housing & utilities prices slowed (3.4 percent vs 4.1 percent). Meanwhile, prices advanced faster for food & non-alcoholic beverages (4.0 percent vs 3.4 percent); recreation & culture (0.7 percent vs -0.9 percent); miscellaneous goods & services (5.4 percent vs 5.3 percent) and clothing & footwear (1.8 percent vs 1.4 percent). On a monthly basis, consumer prices inched up 0.7 percent, after decreasing 0.9 percent in the previous month.
2020-02-28
Slovenia January Inflation Rate at 5-Month High of 2.1%
Slovenia's annual inflation rate rose to 2.1 percent in January 2020, its highest level since last August, from 1.9 percent in the previous month. Prices rose faster primarily for food & non-alcoholic beverages (3.4 percent vs 3.3 percent in December), of which meat prices (9.2 percent) and fresh fruits (1.7 percent); transport (1.3 percent vs 0.1 percent), namely fuels & lubricants (7.7 percent); housing & utilities (4.1 percent vs 2.7 percent) and miscellaneous goods & services (5.3 percent vs 4.4 percent). On a monthly basis, consumer prices went down 0.9 percent, after dropping 0.1 percent in the previous month.
2020-02-07

Slovenia Inflation Rate
In Slovenia, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (17.3 percent of total weight). Transport accounts for 14.6 percent; Housing and Utilities for 13.2 percent; Recreation and Culture for 10 percent; Miscellaneous Goods and Services for 7.7 percent and Clothing and Footwear for 7.6 percent. Furniture, Household Goods and Maintenance; Alcoholic beverages and Tobacco; Restaurants and Hotels; Health; Communication and Education account for the remaining 29.6 percent of total weight.