Producer Prices in Slovenia
Slovenia - Producer Prices
Inflation comes in at highest level since our records began in July
Consumer prices increased 0.96% from the previous month in July, coming in below the 2.74% increase logged in June. July's result marked the weakest reading since March. Looking at the details of the release, petroleum products and holiday packages were the largest contributors. Meanwhile, summer sales led to lower clothing prices.
Despite the softer month-on-month reading, annual inflation rose to 11.0% in July from June’s 10.4%. July's result represented the highest inflation rate since our current records began in 2001. Annual average inflation rose to 6.3% in July (June: 5.5%). Finally, harmonized inflation rose to 11.7% in July, from the previous month's 10.8%.
FocusEconomics Consensus Forecast participants project harmonized inflation to average 7.9% in 2022, which is up 0.5 percentage points from last month’s forecast. In 2023, the panel expects harmonized inflation to average 5.3%.
Slovenia - Producer Prices Data
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Inflation (PPI, annual variation in %) | -0.2 | -1.4 | 2.2 | 2.1 | 0.7 |
Slovenia Producer Prices Chart
Slovenia Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 0.30 | -0.79 % | Dec 31 |
| Exchange Rate | 1.12 | 0.65 % | Dec 31 |
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Economic News
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Slovenia: Economy maintains strong momentum in the second quarter
August 16, 2022
Activity softened in the second quarter, with GDP expanding 8.2% year on year (Q1: +9.6 yoy).
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Slovenia: Industrial output growth ebbs in June
August 10, 2022
Industrial output grew 0.7% compared to the same month a year earlier in June, which was a deterioration from May's 2.9% increase.
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Slovenia: Inflation comes in at highest level since our records began in July
July 29, 2022
Consumer prices increased 0.96% from the previous month in July, coming in below the 2.74% increase logged in June.
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Slovenia: Industrial output growth gains momentum in May
July 11, 2022
Industrial output grew 3.0% compared to the same month of the previous year in May, which was above April's 1.9% increase.
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Slovenia: Inflation increases in June to highest since 1996
June 30, 2022
Consumer prices increased 2.74% in June over the previous month, picking up from the 2.03% rise logged in May. Inflation came in at 10.4% in June, which was up from May’s 8.1%.
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