Import price indices, January 2023

Import prices lower than in the previous month

In January import prices were 1.3% lower than in the previous month and 8.1% higher than a year ago. On a monthly basis, we recorded the most noticeable decrease in prices in the group electricity, gas, steam and air conditioning (39.7%).

  • 15 March 2023 at 10:30
  • |
  • final data
In January the highest decrease in the group electricity, gas, steam and air conditioning 

Compared to December, in January import prices were 1.3% lower. At the monthly level, the prices of products supplied from the euro area were lower by 1.3%, and the prices of products imported from the non-euro area were lower by 1.2%.

Compared to December, energy prices decreased by 13.3%, intermediate goods prices by 0.6%, and consumer goods prices by 0.1%, while capital goods prices increased by 0.6%. 

The highest decrease in January was observed in the group electricity, gas, steam and air conditioning (by 39.7%) and in the section mining and quarrying (by 3.6%), among which the highest decrease was recorded in the group crude petroleum and natural gas (by 5.3%).
 
At the annual level the highest increase in the group coal and lignite

From January 2022 to January 2023 import prices increased by 8.1% (in December by 11.9%). In the same period the prices of products supplied from the euro area went up by 7.9% and the prices of products imported from the non-euro area by 8.3%.

The prices of imports decreased the most in the section mining and quarrying (by 9.8%), among which the highest increase was recorded in the group coal and lignite (by 128.0%) and other mining and quarrying products (by 28.1%). The prices decreased in the group electricity, gas, steam and air conditioning (by 24.8%).

Tables with the latest data are available in the SiStat Database.



Annual growth rates of import prices, Slovenia
Annual growth rates of import prices, Slovenia
Growth rates of Import prices, Slovenia
 Jan 2023 
Dec 2022
Jan 2023
Jan 2022
Total-1.38.1
Euro area-1.37.9
Non-euro area-1.28.3
Main industrial groups  
Intermediate goods-0.69.0
Energy-13.34.9
Capital goods0.69.6
Consumer goods-0.17.0
Products by Classification of Products by Activity (CPA 2015)  
B Mining and quarrying-3.69.8
C Manufactured products-0.29.0
D Electricity, gas, steam and air conditioning-39.7-24.8
METHODOLOGICAL NOTE
In January 2023, we made some methodological changes to import price indices. Similar to previous years, we changed the weights; these are based on value data from customs declarations (Extrastat) and from statistical forms (Intrastat), which are included in external trade statistics for 2021 and are converted into prices from December 2022. At the same time, we revised the list of products whose prices we monitor and the list of companies that report prices. The sample of reporting units includes 629 companies that report prices for 3,259 products per month.

Additional explanations are available in the methodological explanations.




When making use of the data and information of the Statistical Office of the Republic of Slovenia, always add: "Source: SURS". More: Copyright.