At the annual level consumer prices were on average higher by 1.0% and at the monthly level by 0.1%. The largest upward impact on the annual inflation came from higher prices of petroleum products and food.
At the annual level prices went up due to petroleum products and food
In October 2017 annual inflation stood at 1.0% (in the same period last year at 0.6%), while the 12-month average price growth was 1.3% (in the same period last year −0.2%).
In one year, goods prices went up on average by 0.8% and service prices by 1.5%. As regards goods, non-durable goods prices went up by 2.0%, while semi-durable goods prices and durable goods prices went down (by 1.5% and by 1.8%, respectively).
In October 2017 the largest upward impact on the annual inflation (0.3 of a percentage point each) came from higher prices of petroleum products (liquid fuels prices increased by 9.2%, diesel prices by 8.0% and petrol prices by 4.4%) and higher prices of food. Food prices increased on average by 1.7%.
The annual inflation was pushed down by 0.2 of a percentage point by lower prices of garments (by 3.0%).
In October 2017, too, price growth pushed up by autumn-winter collections of garments and down by package holidays
In October 2017 consumer prices were on average 0.1% higher than a month before.
The monthly growth rate was pushed up by 0.3 of a percentage point by higher prices of garments (by 6.1%). Also in October the prices increased with the arrival of autumn-winter collections in stores. Additional 0.1 of a percentage point each was contributed by higher prices of electricity, gas and other fuels (by 0.7%), motor fuels (diesel prices increased by 2.5%, petrol prices by 0.1%) and other price increases.
On the other hand, the monthly growth rate was pushed down the most (by 0.3 p.p.) by lower prices of package holidays, which decreased on average by 8.3%. 0.1 p.p. each was contributed by lower prices of fresh or chilled fruit (by 5.1%) and lower prices of second-hand motor cars (by 4.1%).
Harmonised indices of consumer prices
Measured with the harmonised index of consumer prices, in October 2017 the annual growth of consumer prices was 1.3% (in October 2016 it was 0.7%). The 12-month average price growth was 1.4% (in the same period last year −0.4%). The monthly price growth was the same as in September (0.3%).
In October 2017, goods prices increased by 1.0% and service prices by 1.7%. Non-durable goods prices went up by 2.3%, while semi-durable goods prices and durable goods prices went down by 1.7% and by 2.1%, respectively.Measured with the harmonised index of consumer prices, in September 2017 the annual inflation rate in the EMU countries was 1.5% (the same as in August 2017). In the EU-28 it was 1.8% (up from 1.7% in August 2017). In September, too, all EU Member States had inflation; as in August, the lowest annual inflation rate was recorded in Cyprus (0.1%) and Ireland (0.2%) and the highest in the Baltic States, in Lithuania (4.6%), in Estonia (3.9%) and in Latvia (3.0%); in Slovenia it stood at 1.4%.
Table 1: Consumer price indices, Slovenia
Table 2: Growth rates of harmonised consumer prices, Slovenia