The inflation rate in Slovenia rose to a five-month high of 1.7 percent year-on-year in April 2019 from 1.6 percent in the previous month, with upward pressure coming from: housing & utilities (5.1 percent); transport (0.8 percent); food & non-alcoholic beverages (0.5 percent); recreation & culture (2 percent); and miscellaneous goods & services (2.5 percent). By contrast, clothing & footwear prices fell 0.2 percent. On a monthly basis, consumer prices surged 0.8 percent in April, buoyed by costs of package holidays and footwear. Inflation Rate in Slovenia averaged 4.82 percent from 1994 until 2019, 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 0.80 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 1.50 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.