Consumer prices in Slovenia decreased 1.1 percent year-on-year in December of 2020, the biggest fall since May and marking the fifth straight month of deflation. source: Statistical Office of the Republic of Slovenia

Inflation Rate in Slovenia averaged 4.56 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 January of 2021.

Inflation Rate in Slovenia is expected to be -0.50 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 0.90 in 12 months time. In the long-term, the Slovenia Inflation Rate is projected to trend around 1.80 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
-1.10 -0.90 22.60 -1.20 1994 - 2020 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2020-09-30 08:30 AM Sep -0.34% -0.14% -0.1%
2020-10-30 09:30 AM Oct -0.1% -0.34%
2020-11-30 09:30 AM Nov -0.9% -0.1% 0%
2020-12-30 09:30 AM Dec -1.1% -0.9% -0.5%
2021-02-05 09:30 AM Jan -1.1%
2021-02-26 09:30 AM Feb
2021-03-31 08:30 AM Mar
2021-04-30 08:30 AM Apr

News Stream
Slovenia Deflation Deepens in November
Consumer prices in Slovenia were down 0.9 percent year-on-year in November of 2020, the biggest fall since May and marking the 4th straight month of deflation. The largest downward impact came from prices of fuels and lubricants (-21.4 percent), liquid fuels (-18.8 percent), clothing (-5.6 percent) and footwear (-7.5 percent). On the other hand, higher prices for food (1.8 percent) and health services (5 percent) prevented the CPI to fall further. On a monthly basis, consumer prices increased 0.3 percent.
Slovenia Consumer Prices Fall Further in September
Consumer prices in Slovenia edged down 0.3 percent year-on-year in September of 2020, following a 0.1 percent drop in the previous month. The largest downward impact came from lower prices of petroleum products. Cost of fuel and lubricants slumped 19.7 percent (vs -21.2 percent in August) and liquid fuel fell16.3 percent (vs -15.9 percent). In contrast, prices advanced faster mostly for food (4.1 percent vs 3.8 percent). On a monthly basis, consumer prices were down 0.4 percent, after being flat in the previous month.
Slovenia Back to Deflation
Consumer prices in Slovenia fell 0.1 percent year-on-year in August of 2020, retreating after a 0.3 percent rise in July. The largest downward impact came from lower prices of petroleum products. Cost of fuel and lubricants plunged 21.2 percent and liquid fuel went down 15.9 percent. On the other hand, upward pressure came from cost of food (3.8 percent) and miscellaneous goods and services (3.5 percent). On a monthly basis, consumer prices were flat.
Slovenia CPI Rises for 1st Time in 4 Months
Slovenia's consumer prices increased by 0.3 percent from a year earlier in July 2020, rebounding from three consecutive months of deflation, with upward pressure coming from food and non-alcoholic beverages (3.1 percent), housing, water, electricity, gas and other fuels (1.1 percent), recreation and culture (1.2 percent) and miscellaneous goods and services (3.6 percent). Meanwhile, prices continued to fall for both transport (-6.6 percent) and clothing and footwear (-1.8 percent). The harmonized index of CPI dropped 0.3 percent, easing from a 0.8 percent decline in June.

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.