Slovenia Inflation Rate at Over 1-Year High

Slovenia's annual inflation rate accelerate to 3.6% in May 2026, marking the highest level since March 2024, up from 3.1% in April. The increase was driven primarily by stronger price pressures in housing and utilities, where inflation rose to 10.0% from 9.7%, and transport, which accelerated to 5.5% from 4.6%. Additional upward pressure came from receation and culture (2.1% vs 1.1%), alcoholic beverages and tobacco (5.2% vs 4.3%), furnishings (1.9% vs 1.5%) and communications (2.5% vs 2.2%). Meanwhile, prices for clothing and footwear nearly stabilized, falling just 0.1% after a 2.9% decline in April. In contrast, inflation eased for food and non-alcoholic beverages (0.9% vs. 1.0%), health services (4.8% vs. 5.3%) and restaurants and hotels (2.2% vs 2.6%). On a monthly basis, consumer prices rose 0.5% in May, slowing sharply from a 1.9% rise, largely due to lower prices for liquid fuels (-5.5%) and diesel (-4.5%). Harmonized inflation rose to 3.8% in May, up from 3.4% in April.

Slovenia’s annual inflation rate rose to 3.1% in April 2026, up from a four-month low of 2.5% in the previous month, marking the highest level since October 2025. The increase was driven mainly by a faster rise in housing and utilities (9.7% vs 5.8% in March), reflecting higher oil prices and supply disruptions linked to geopolitical tensions in the Middle East. Moreover, costs increased as well in transport (4.6% vs -1.1%), health (5.3% vs 4.0%), personal care, social protection and miscellaneous goods and services (2.4% vs 1.6%), and information and communication (2.2% vs 2.0%). In contrast, price declines were recorded in clothing and footwear (-2.9% vs -0.5), while inflation eased in insurance and financial services (2.5% vs 9.5%) and food and non-alcoholic beverages (1.0% vs 2.6%). On a monthly basis, consumer prices increased by 1.9% in April, up from 0.2% in March. Meanwhile, harmonized inflation rose to 3.4% from 2.4% in the previous month.

The annual inflation rate in Slovenia slowed to 2.5% in March 2026 from a four-month high of 2.9% in the previous month, marking the lowest reading since November 2025. The slowdown occurred despite surging oil prices due to supply disruptions amidst the Middle East conflict. Slovenia has temporarily limited fuel purchases at gas stations nationwide and reduced fuel duties to mitigate rising petroleum costs over the next 14 days. Prices moderated for food and non-alcoholic beverages (2.6% vs 3.6% in February), housing and utilities (5.8% vs 10.7%), information and communication (2% vs 2.1%), health (4% vs 6.1%), and personal care, social protection, and miscellaneous goods and services (1.6% vs 0.9%). Moreover, deflation softened for transport (-1.1% vs -2.3%). On a monthly basis, consumer prices eased to 0.2% from 0.6% in February. Meanwhile, annual harmonized consumer prices rose 2.4% from 2.8% in the previous month.