In September 2018 inflation at the annual level stood at 2.0% and at the monthly level at 0.4%. The largest upward impact on the annual inflation came from higher prices of petroleum products.
In one year prices were on average higher by 2.0%
In September 2018 annual inflation stood at 2.0% (in the same period last year at 1.4%), while the 12-month average price growth was 1.6% (in the same period last year 1.2%).
In one year, goods prices went up on average by 1.8% and service prices by 2.3%. As regards goods, non-durable goods prices went up by 3.3%, while durable goods prices and semi-durable goods prices went down by 1.6% and 0.9%, respectively.
In September 2018 the largest upward impact on the annual inflation (0.9 of a percentage point) came from higher prices of fuels and energy: liquid fuels prices increased by 24.2%, heat energy by 14.9%, solid fuels by 13.3%, diesel by 10.8%, petrol by 7.3% and gas by 6.7%.
The annual inflation was pushed down by 0.1 of a percentage point by lower prices of garments and passenger transport by air. Garments prices decreased by 1.7% and passenger transport by air by 21.4%.
At the monthly level, too, prices were on average higher
In September 2018 consumer prices were on average 0.4% higher than a month before.
The monthly growth rate was pushed up by 0.7 of a percentage point by higher prices of clothing and footwear; with the arrival of autumn-winter collections in stores the prices of garments increased by 11.1% and the prices of footwear by 9.5%. 0.1 p.p. each was contributed by higher prices of fresh or chilled vegetables other than potatoes (by 6.9%), fresh or chilled fruit (by 4.2%), heat energy (by 12.0%), furniture and furnishing (by 2.3%) and new motor cars (by 1.5%).
On the other hand, the monthly growth rate was pushed down the most (by 0.6 p.p.) by lower prices of package holidays, which decreased on average by 14.5%. 0.1 p.p. was contributed by lower prices of passenger transport by air (by 25.9%). All other price decreases in September added additional 0.1 p.p.
Harmonised indices of consumer prices
Measured with the harmonised index of consumer prices, in September 2018 the annual growth of consumer prices was 2.2% (in September 2017 it was 1.4%). The 12-month average price growth was 1.8% (in the same period last year 1.3%). The monthly price growth was 0.5%.
In September 2018, goods prices increased by 2.0% and service prices by 2.5%. Non-durable goods prices went up by 3.6%, while durable goods prices and semi-durable goods prices went down by 1.6% and 0.9%, respectively.Measured with the harmonised index of consumer prices, in August 2018 the annual inflation rate in the EMU countries was 2.0% (down from 2.1% in July 2018). In the EU-28 it was 2.1% (in July 2018 it was 2.2%). The lowest annual inflation rate was recorded in Denmark (0.8%), and the highest in Romania (4.7%); in Slovenia it stood at 2.0%.
Consumer price indices, Slovenia
Growth rates of harmonised consumer prices, Slovenia