Consumer price indices, May 2024

Annual inflation at 2.5%, monthly at 0.5%

In one year, consumer prices were on average higher by 2.5%. Service prices went up by 4.3% and goods prices by 1.6%.

  • 31 May 2024 at 10:30
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  • final data
Annual price growth half a percentage point lower than in the previous month 

Price growth at the annual level decreased to 2.5% in May. In the previous month it was 3.0% and in the same month last year 8.4%.

In one year, service prices increased on average by 4.3% and goods prices by 1.6%. As regards goods, non-durable and semi-durable goods prices went up by 2.3% and 1.7%, respectively, while durable goods prices went down by 0.9%.

The annual growth rate was pushed up the most (by 0.5 of a percentage point) by 6.8% higher prices in restaurants and hotels. Higher prices in the group housing, water, electricity, gas and other fuels (by 3.1%) contributed 0.4 p.p. 

0.3 p.p. each was contributed by higher prices of products and services in the groups health (by 5.5%), miscellaneous goods and services (by 4.6%) and recreation and culture (by 2.9%). Another 0.2 p.p. each was added by higher prices of alcoholic beverages and tobacco (by 4.2%) and of products and services in the group transportation (by 1.4%). 

At the monthly level, prices on average half a percent higher

In May, consumer prices were on average 0.5% higher than a month before.

The biggest impact on the monthly inflation, 0.2 of a percentage point, came from 4.0% higher prices of package holidays. Additional 0.1 p.p. each was added by higher prices of fruit (by 7.2%) and women’s garments (by 2.9%). All other price increases in May contributed another 0.2 of a percentage point.

The monthly inflation was eased by 0.1 p.p. by 2.1% cheaper diesel.

Harmonised indices of consumer prices

Measured with the harmonised index of consumer prices, this May the annual growth of consumer prices was 2.5% (in May 2023: 8.1%). The monthly price growth stood at 0.4%.

In one year, service prices went up on average by 4.8% and goods prices by 1.3%. Non-durable goods prices went up by 2.2% and semi-durable goods prices by 0.8%, while durable goods prices went down by 1.9%.

Annual inflation rates in April 2024 for all EU-27 Member States are available here. Measured with the harmonised index of consumer prices, in April the annual inflation rate in the EMU countries was 2.4% (the same as a month before). In the EU-27 Member States it was 2.6% (the same as a month before). The lowest annual inflation rate was recorded in Lithuania (0.4%) and the highest in Romania (6.2%); in Slovenia it stood at 3.0%.

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
May 2024
May 2023
May 2024
Apr 2024 
May 2024 
Dec 2023
Jan–May 2024
Jan–May 2023
May 2024
Ø 2015 
growth rate (%)index
Total2.50.51.93.2127.88
01 Food and non-alcoholic beverages -0.20.70.51.2141.36
02 Alcoholic beverages and tobacco 4.20.52.76.0132.99
03 Clothing and footwear 1.91.05.13.1114.14
04 Housing, water, electricity, gas and other fuels 3.1-0.21.94.2142.20
05 Furnishing, household equipment and routine household maintenance1.2-0.7-0.32.0126.01
06 Health 5.50.41.77.5128.60
07 Transport 1.40.42.20.9115.35
08 Communications -0.31.20.1-1.1103.30
09 Recreation and culture 2.91.53.03.4117.70
10 Education 6.00.00.67.4125.37
11 Restaurants and hotels 6.81.13.06.5143.33
12 Miscellaneous goods and services 4.60.21.55.1126.84
  Goods1.60.31.32.3126.71
  Services4.31.03.14.9130.33
Harmonised indices of consumer prices, Slovenia
May 2024
May 2023
May 2024
Apr 2024 
May 2024 
Dec 2023
Jan–May 2024
Jan–May 2023
May 2024
Ø 2015 
growth rate (%)index
Total2.50.41.73.1128.40
01 Food and non-alcoholic beverages -0.40.70.50.9140.84
02 Alcoholic beverages and tobacco 4.30.62.86.0132.93
03 Clothing and footwear 1.50.73.82.9111.31
04 Housing, water, electricity, gas and other fuels 3.0-0.41.84.1144.92
05 Furnishing, household equipment and routine household maintenance0.8-0.5-0.61.5120.80
06 Health 4.50.31.76.7131.06
07 Transport 1.40.11.40.9116.11
08 Communications 1.22.31.2-0.1103.43
09 Recreation and culture 3.10.52.13.4118.25
10 Education 5.50.00.46.6122.72
11 Restaurants and hotels 6.41.13.06.3145.37
12 Miscellaneous goods and services 4.70.21.85.2127.58
  Goods1.30.21.11.9125.39
  Services4.80.82.85.4132.73
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.