Consumer price indices, May 2023

Prices up annually by 8.4%, monthly by 1.1%

In one year, prices were on average higher by 8.4%. Annual inflation was influenced the most by 14.7% higher prices of food. Monthly inflation was at 1.1%, mainly due to higher prices of tobacco (by 4.5%), package holidays (by 4.2%) and food (by 1.1%).

  • 31 May 2023 at 10:30
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  • Updated
  • 2 June 2023 at 12:45
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  • final data
Annual inflation the lowest in the past 12 months

In May, annual inflation stood at 8.4% (in the same period last year it was 8.1%).

In one year, goods and service prices increased on average by 8.4% and 8.3%, respectively. Non-durable goods prices went up by 10.0%, semi-durable goods prices by 5.5%, and durable goods prices by 4.9%.

The biggest impact on the annual inflation, 2.3 percentage points, came from 14.7% higher prices of food. Among food items, sugar prices went up the most (by 45.9%). 0.8 p.p. was added by 7.7% higher prices of goods and services for recreation and culture. Electricity was more expensive by 24.0% and added 0.7 p.p. to inflation. Another 0.7 p.p. was added by 8.9% higher prices in the group furnishings, household equipment and routine household maintenance. 0.6 p.p. each was added by higher prices in the groups health (by 10.6%), restaurants and hotels (by 8.8%) and miscellaneous goods and services (7.8%).

On the other hand, cheaper liquid fuels (by 24.4%), diesel (by 14.6%) and petrol (by 10.2%) eased the annual inflation together by 0.9 p.p.

Monthly price growth at 1.1%

Compared to the previous month, consumer prices increased by 1.1%.

Monthly inflation was pushed up the most (by 0.2 p.p. each) by higher prices of tobacco (by 4.5%), package holidays (by 4.2%) and food (by 1.1%).

0.1 p.p. each was added by higher prices of heat energy (by 8.4%), refuse collection (by 5.2%), clothing (by 1.9%), catering services (by 1.1%) and health (by 0.9%).

In the last month, there were no notable price decreases.

Harmonised indices of consumer prices

Measured with the harmonised index of consumer prices, the annual growth of consumer prices was 8.1% (in May last year 8.7%). The monthly price growth was 0.9%.

On average, service prices went up by 8.2% and goods prices by 7.9%. Non-durable goods prices went up by 9.7%, semi-durable goods prices by 5.6% and durable goods prices by 3.5%.

Measured with the harmonised index of consumer prices, in April the annual inflation rate in the EMU countries was 7.0% (a month before 6.9%). In the EU-27 Member States it was 8.1% (a month before 8.3%). The lowest annual inflation rate was recorded in Luxemburg (2.7%) and the highest in Hungary (24.5%); in Slovenia it stood at 9.2%.

Table with the latest data is available in the SiStat Database.
Annual growth rates of consumer prices, Slovenia
Annual growth rates of consumer prices, Slovenia
Growth rates of consumer prices, Slovenia
V 2023
V 2022
V 2023
IV 2023 
V 2023 
XII 2022
I–V 2023
I–V 2022
V 2023
Ø 2015 
growth rate (%)index
Total8.41.13.59.5124.74
01 Food and non-alcoholic beverages14.91.05.417.4141.69
02 Alcoholic beverages and tobacco10.33.27.89.1127.58
03 Clothing and footwear5.31.64.55.0112.04
04 Housing, water, electricity, gas and other fuels10.61.51.512.5137.91
05 Furnishing, household equipment and routine household maintenance8.90.12.310.9124.47
06 Health10.60.94.68.2121.88
07 Transport0.50.10.23.6113.73
08 Communications4.20.40.43.1103.62
09 Recreation and culture7.71.76.48.2114.34
10 Education4.50.53.12.9118.22
11 Restaurants and hotels8.81.64.010.4134.22
12 Miscellaneous goods and services7.80.53.17.3121.29
  Goods8.40.92.910.4124.68
  Services8.31.34.87.8124.96
Harmonised indices of consumer prices, Slovenia
V 2023
V 2022
V 2023
IV 2023 
V 2023 
XII 2022
I–V 2023
I–V 2022
V 2023
Ø 2015 
growth rate (%)index
Total8.10.93.09.4125.25
01 Food and non-alcoholic beverages15.40.85.617.9141.41
02 Alcoholic beverages and tobacco10.23.17.68.9127.42
03 Clothing and footwear5.11.43.45.0109.70
04 Housing, water, electricity, gas and other fuels12.11.50.914.6140.65
05 Furnishing, household equipment and routine household maintenance7.50.12.09.0119.83
06 Health11.60.63.88.7125.44
07 Transport-1.80.0-0.72.2114.52
08 Communications1.80.30.81.0102.16
09 Recreation and culture7.11.04.07.0114.70
10 Education4.00.42.42.7116.30
11 Restaurants and hotels9.11.73.510.8136.62
12 Miscellaneous goods and services8.30.53.58.0121.85
  Goods7.90.82.510.1123.79
  Services8.21.03.97.8126.63
When making use of the data and information of the Statistical Office of the Republic of Slovenia, always add: "Source: SURS". More: Copyright.