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Analysis

Slovenia’s annual inflation reaches 3.3 per cent as monthly prices stay flat

Slovenia’s final October figures put annual consumer inflation at 3.3 per cent, with prices unchanged from September. Housing and energy, followed by transport, contributed most to the annual increase. Cheaper package holidays offset rising food prices during the month, while the separate European Union harmonized index rose 3.8 per cent annually and 0.2 per cent monthly.

Economics & Markets··Evening
Shoppers walk between crates of fruit and vegetables at an outdoor market in Ljubljana, with residential buildings behind the stalls.

October prices hold steady from September

Slovenia’s consumer prices rose 3.3 per cent annually in October and were unchanged from September. The national statistical office SURS published the final figures on October 30. Annual inflation had been 3.1 per cent in October a year earlier. Services became 3.7 per cent more expensive over the year, while goods prices increased 3.2 per cent. Non-durable goods prices increased 5.3 per cent.[1], [2]

Housing and transport lead the annual contributions

Housing, water, electricity, gas and other fuels rose 8.6 per cent, contributing 1.1 percentage points to annual inflation. Transport prices increased 5.9 per cent and contributed 0.9 points. During the month, package holidays became 12.2 per cent cheaper, subtracting 0.5 points, while a 1.8 per cent rise in food prices added 0.3 points.[1]

The harmonized index rises 3.8 per cent annually

The separate European Union harmonized consumer price index increased 3.8 per cent annually and 0.2 per cent monthly. On that measure, services rose 3.9 per cent over the year and goods 3.8 per cent. January–October average annual inflation was 3.1 per cent on the national index and 3.3 per cent on the harmonized measure. National service prices fell 1.9 per cent monthly as goods increased 0.9 per cent.[1]

References

  1. News sourceSURSSlovenian inflation stands at 3.3% as monthly prices stay flat↩1↩2↩3
  2. News sourceTrading EconomicsSlovenia October inflation stays at 3.3%↩