Producer prices in Slovenia increased 1.9 percent year-on-year in October of 2018, easing from a 2.2 percent in the prior month. It is the lowest producer inflation since May, as prices rose less for manufacturing (1.7 percent vs 2.2 percent in September) and fell further for water supply (-5.3 percent vs -5.1 percent). Conversely, cost continued to advance for electricity, gas, steam & air conditioning supply (6.0 percent vs 3.7 percent) and mining & quarrying (4.0 percent vs 3.2 percent). On a monthly basis, producer prices went down 0.1 percent, after rising 0.2 percent in September. Prices fell 0.1 percent for manufacturing, mostly in production of wearing apparel (-1.8 percent) and computer and optical products (-1.1 percent). Producer Prices Change in Slovenia averaged 1.95 percent from 2001 until 2018, reaching an all time high of 8.86 percent in January of 2001 and a record low of -3.27 percent in August of 2009.
Producer Prices Change in Slovenia is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Slovenia to stand at 2.60 in 12 months time. In the long-term, the Slovenia Producer Prices Change is projected to trend around 2.20 percent in 2020, according to our econometric models.