Consumer price indices, April 2022
Consumer prices are still rising: 6.9% per year and 2.6% per month
Annual inflation was influenced the most by higher prices of petroleum products and food, while monthly inflation was pushed up by higher prices of food and package holidays.
High annual inflation rate
In one year, prices went up on average by 6.9%, while the 12-month average price growth was 4% (in the same period last year −0.3%).
Goods and service prices increased on average by 7.9% and 5%, respectively. As regards goods, non-durable goods prices went up by 9.1%, durable goods prices by 8.8%, and semi-durable goods prices by 2.7%.
Higher prices of petroleum products and of food and non-alcoholic beverages contributed the most to the annual inflation (1.5 percentage points, each). In the first group, the prices of liquid fuels went up by 35.9% and the prices of fuels and lubricants for personal transport equipment by 29.6%, while in the second group they went up by 9.2%. Higher prices of furnishings, household equipment and routine household maintenance (by 9.2%) contributed 0.7 p.p. Other noticeable price increases were those of motor cars (by 11%) and of catering services (by 7.9%). They contributed 0.6 and 0.4 p.p., respectively, to the annual inflation.
On the other hand, lower prices of electricity (by 21.6%) eased the annual inflation by 0.8 p.p.
High monthly inflation mainly due to high food prices and package holidays
Compared to the previous month, consumer prices rose by 2.6% in April.
Higher prices of food (by 2.9%) and package holidays (by 19.2%) contributed the most to monthly inflation (0.5 of a percentage point, each). The most noticeable price increases in the group food are those of oils and fats (by 7%), of meat (by 6.3%), of vegetables (by 5.2%) and of bread and cereals (by 2.9%). Higher prices of electricity (by 11.6%), and of clothing and footwear (by 3.8%) contributed 0.3 p.p. each to inflation. Prices of liquid fuels increased (by 20.4%) and added 0.2 p.p. Additionally, 0.1 p.p., each, came from higher prices of cigarettes (by 2.5%), actual rentals for housing (by 6.2%), refuse collection (by 9%), gas (by 5.8%), hire of garages, parking spaces and personal transport equipment (by 16.6%), furnishings, household equipment and routine household maintenance (by 1%), catering services (by 1%), and miscellaneous goods and services (by 0.8%).
There were no noticeable price decreases in April.
Harmonised indices of consumer prices
Measured with the harmonised index of consumer prices, the annual growth of consumer prices was 7.4% (in April 2021 it was 2.2%). The 12-month average price growth was 4.2% (in the same period last year −0.5%). The monthly price growth was 2.1%.
On average, goods prices went up by 8.6% and service prices by 5%. As regards goods, non-durable goods prices went up by 10%, durable goods prices by 8.2%, and semi-durable goods prices by 3.4%.
Measured with the harmonised index of consumer prices, in March 2022 the annual inflation rate in the EMU countries was 7.4% (up from 5.9% in February). In the EU-27 Member States it was 7.8% (up from 6.2% in February). The lowest annual inflation rate was recorded in Malta (4.5%) and the highest in Lithuania (15.6%); in Slovenia it stood at 6%.
Table with the latest data is available in the SiStat Database.
In one year, prices went up on average by 6.9%, while the 12-month average price growth was 4% (in the same period last year −0.3%).
Goods and service prices increased on average by 7.9% and 5%, respectively. As regards goods, non-durable goods prices went up by 9.1%, durable goods prices by 8.8%, and semi-durable goods prices by 2.7%.
Higher prices of petroleum products and of food and non-alcoholic beverages contributed the most to the annual inflation (1.5 percentage points, each). In the first group, the prices of liquid fuels went up by 35.9% and the prices of fuels and lubricants for personal transport equipment by 29.6%, while in the second group they went up by 9.2%. Higher prices of furnishings, household equipment and routine household maintenance (by 9.2%) contributed 0.7 p.p. Other noticeable price increases were those of motor cars (by 11%) and of catering services (by 7.9%). They contributed 0.6 and 0.4 p.p., respectively, to the annual inflation.
On the other hand, lower prices of electricity (by 21.6%) eased the annual inflation by 0.8 p.p.
High monthly inflation mainly due to high food prices and package holidays
Compared to the previous month, consumer prices rose by 2.6% in April.
Higher prices of food (by 2.9%) and package holidays (by 19.2%) contributed the most to monthly inflation (0.5 of a percentage point, each). The most noticeable price increases in the group food are those of oils and fats (by 7%), of meat (by 6.3%), of vegetables (by 5.2%) and of bread and cereals (by 2.9%). Higher prices of electricity (by 11.6%), and of clothing and footwear (by 3.8%) contributed 0.3 p.p. each to inflation. Prices of liquid fuels increased (by 20.4%) and added 0.2 p.p. Additionally, 0.1 p.p., each, came from higher prices of cigarettes (by 2.5%), actual rentals for housing (by 6.2%), refuse collection (by 9%), gas (by 5.8%), hire of garages, parking spaces and personal transport equipment (by 16.6%), furnishings, household equipment and routine household maintenance (by 1%), catering services (by 1%), and miscellaneous goods and services (by 0.8%).
There were no noticeable price decreases in April.
Harmonised indices of consumer prices
Measured with the harmonised index of consumer prices, the annual growth of consumer prices was 7.4% (in April 2021 it was 2.2%). The 12-month average price growth was 4.2% (in the same period last year −0.5%). The monthly price growth was 2.1%.
On average, goods prices went up by 8.6% and service prices by 5%. As regards goods, non-durable goods prices went up by 10%, durable goods prices by 8.2%, and semi-durable goods prices by 3.4%.
Measured with the harmonised index of consumer prices, in March 2022 the annual inflation rate in the EMU countries was 7.4% (up from 5.9% in February). In the EU-27 Member States it was 7.8% (up from 6.2% in February). The lowest annual inflation rate was recorded in Malta (4.5%) and the highest in Lithuania (15.6%); in Slovenia it stood at 6%.
Table with the latest data is available in the SiStat Database.
Annual growth rates of consumer prices, Slovenia
Consumer price indices, Slovenia
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Growth rates of harmonised consumer prices, Slovenia
1) Indices. |
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