Consumer prices in Slovenia decreased 1.2 percent year-on-year in May of 2020, the same pace as in the previous month. It was the second consecutive month of deflation and at the steepest pace since at least May of 1994, as the global pandemic continued to hit demand. Main downward pressure came from prices of transport (-7.8 percent vs -7.6 percent in April), due to fuels; housing & utilities (-8.6 percent vs -7.8 percent) and clothing & footwear (-4.2 percent vs -3.4 percent). Meantime, inflation remained steady for food & non-alcoholic beverages (at 5.2 percent). On a monthly basis, consumer prices were up 0.9 percent, reversing a 0.9 percent decrease in the previous month.
Inflation Rate in Slovenia averaged 4.68 percent from 1994 until 2020, reaching an all time high of 22.60 percent in August of 1994 and a record low of -1.20 percent in April of 2020. This page provides the latest reported value for - Slovenia Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Slovenia Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2020. source: Statistical Office of the Republic of Slovenia
Inflation Rate in Slovenia is expected to be 1.90 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 2.30 in 12 months time. In the long-term, the Slovenia Inflation Rate is projected to trend around 2.30 percent in 2021 and 2.40 percent in 2022, according to our econometric models.