The annual inflation rate in Slovenia dropped to 2.0 percent in November 2018 from 2.2 percent in the previous month. Prices rose at a slower pace mostly for: food & non-alcoholic beverages (1.9 percent vs 2.7 percent in October); transport (1.0 percent vs 1.5 percent) and housing & utilities (5.5 percent vs 5.9 percent). Also cost advanced less for miscellaneous goods & services (1.2 percent vs 1.5 percent) and alcoholic beverages & tobacco (0.7 percent vs 1.2 percent) and it decreased for clothing & footwear (-2.1 percent vs 0.1 percent). On the other hand, inflation picked up for recreation and culture (2.7 percent vs 2.6 percent); furnishings (1.2 percent vs 0.4 percent); restaurants & hotels (3.0 percent vs 2.6 percent) and health (2.2 percent vs 0.8 percent). On a monthly basis, consumer prices went up 0.1 percent, following a 0.3 percent increase in the previous month. Inflation Rate in Slovenia averaged 4.88 percent from 1994 until 2018, reaching an all time high of 22.60 percent in August of 1994 and a record low of -0.90 percent in March of 2016.
Inflation Rate in Slovenia is expected to be 2.00 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 2.00 in 12 months time. In the long-term, the Slovenia Inflation Rate is projected to trend around 2.50 percent in 2020, according to our econometric models.