Consumer price indices, October 2023

Annual growth of consumer prices at 6.9%, monthly at 0.2%

Annual inflation stood at 6.9% and monthly inflation at 0.2%. Service and goods prices increased by 8.1% and by 6.3%, respectively.

  • 30 October 2023 at 10:30
  • |
  • final data
Annual inflation primarily a reflection of more expensive food and electricity

At the annual level, inflation stood at 6.9% (in the same period last year it was 9.9%).

In one year, service prices increased on average by 8.1% and goods prices by 6.3%. As regards goods, non-durable goods prices went up by 8.5%, semi-durable goods prices by 3.2% and durable goods prices by 0.4%.

The greatest impact on annual inflation (1.3 percentage points) came from 7.3% higher prices of food and non-alcoholic beverages. 0.8 p.p. was contributed by 24.3% higher electricity prices, followed by 7.1% higher prices in the group recreation and culture, which added 0.7 p.p.

On the other hand, the inflation was pushed down by 0.2 p.p. each by cheaper solid fuels (by 14.1%) and purchase of vehicles (by 2.7%).

Higher prices of clothing, lower prices of package holidays

Compared to the previous month, consumer prices increased by 0.2%.

New lines in stores continued to have an impact on the prices in the group clothing and footwear, which increased by 2.5%, raising the inflation rate by 0.2 p.p. In addition, 0.1 p.p. each was added by higher prices of fresh fruit (by 8.4%), of liquid fuels (by 5.7%), of diesel (by 3.9%), of pharmaceutical products (by 2.3%) and of miscellaneous goods and services (by 0.9%).

On the other hand, monthly inflation was eased (by 0.2 p.p.) by cheaper package holidays (by 5.6%), followed by 0.1 p.p. each by lower prices of heat energy (by 5.3%), of accommodation services (3.6%) and all other price decreases in October.

Harmonised indices of consumer prices

Measured with the harmonised index of consumer prices, the annual growth of consumer prices was 6.6% (in October 2022: 10.3%). The monthly price growth was 0.3% (previous month 0.7%).

On average, service prices went up by 7.9% and goods prices by 6.0%. Non-durable goods prices increased by 8.3% and semi-durable goods prices by 3.4%, while durable goods prices went down by 0.7%.

Measured with the harmonised index of consumer prices, in September the annual inflation rate in the EMU countries was 4.3% (a month before 5.2%). In the EU-27 Member States, it was 4.9% (a month before 5.9%). The lowest annual inflation rate was recorded in the Netherlands (–0.3%) and the highest in Hungary (12.2%); in Slovenia it stood at 7.1%.

The 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
Oct 2023
Oct 2022
Oct 2023
Sep 2023 
Oct 2023 
Dec 2022
Jan–Oct 2023
Jan–Oct 2022
Oct 2023
Ø 2015 
growth rate (%)index
Total6.90.25.78.1127.42
01 Food and non-alcoholic beverages7.30.74.513.6140.58
02 Alcoholic beverages and tobacco8.6-0.28.79.1128.64
03 Clothing and footwear2.72.50.85.3108.03
04 Housing, water, electricity, gas and other fuels10.0-0.410.78.9150.42
05 Furnishing, household equipment and routine household maintenance5.00.13.18.6125.47
06 Health11.41.07.710.1125.45
07 Transport3.10.42.81.7116.59
08 Communications4.0-0.10.93.4104.05
09 Recreation and culture7.1-1.97.48.2115.44
10 Education8.73.68.74.5124.65
11 Restaurants and hotels9.1-0.48.39.7139.70
12 Miscellaneous goods and services6.90.96.17.3124.85
  Goods6.30.65.18.1127.39
  Services8.1-0.66.98.0127.56
Harmonised indices of consumer prices, Slovenia
Oct 2023
Oct 2022
Oct 2023
Sep 2023 
Oct 2023 
Dec 2022
Jan–Oct 2023
Jan–Oct 2022
Oct 2023
Ø 2015 
growth rate (%)index
Total6.60.35.37.9128.05
01 Food and non-alcoholic beverages7.50.54.614.1140.17
02 Alcoholic beverages and tobacco8.5-0.28.59.0128.45
03 Clothing and footwear2.92.60.95.4107.08
04 Housing, water, electricity, gas and other fuels10.1-0.610.610.2154.24
05 Furnishing, household equipment and routine household maintenance4.30.12.77.2120.67
06 Health10.90.75.710.2127.69
07 Transport3.00.72.90.3118.73
08 Communications3.50.01.41.5102.75
09 Recreation and culture6.1-0.85.37.6116.09
10 Education7.73.07.64.1122.22
11 Restaurants and hotels8.3-0.37.19.8141.43
12 Miscellaneous goods and services7.40.96.27.8125.02
  Goods6.00.64.87.7126.59
  Services7.9-0.26.28.0129.40
METHODOLOGICAL NOTE
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.