Consumer price indices, Slovenia, August 2019
Prices in August 2019 grew on average by 2.3% at the annual level and by 0.4% at the monthly level
In August 2019 inflation at the annual level stood at 2.3% and at the monthly level at 0.4%. Higher prices of goods and services contributed to the annual inflation 1.3 p.p. and 1.0 p.p., respectively. Monthly inflation was influenced the most by higher prices of clothing.
In August 2019 annual inflation stood at 2.3% (in August 2018 at 1.8%). The 12-month average price growth was 1.7% (in the same period last year 1.5%).
In one year, service prices increased by 3.1% and goods prices by 1.9%. Semi-durable, non-durable and durable goods prices went up by 2.7%, by 2.1% and by 0.2%, respectively.
The greatest impact on annual inflation (0.7 p.p.) came from higher prices of goods and services in the division housing, water, electricity, gas and other fuels; prices of water supply and miscellaneous services relating to the dwelling increased by 7.8%, and prices of electricity, gas and other fuels by 3.6%. Higher prices of food (by 3.1%) contributed to the annual inflation 0.5 p.p, while higher prices of clothing and footwear (by 5.2%) contributed 0.4 p.p.
The annual inflation was pushed down by 0.1 p.p. by lower prices of goods and services from the group of transport (by 0.7%) and communication (by 1.2%).
At the monthly level, too, prices were on average higher
In August 2019 consumer prices were on average 0.4% higher than in the previous month.
The monthly growth rate was pushed up the most (by 0.2 of a percentage point) by higher prices of clothing (by 4.3%). Additional 0.1 p.p. came from higher prices of accommodation services (by 2.9%), higher prices of package holidays (by 2.0%) and higher prices of motor fuels (petrol by 1.6% and diesel by 1.3%).
On the other hand, the monthly growth rate was pushed down by 0.1 p.p. by lower prices of footwear (by 3.1%).
Harmonised indices of consumer prices
Measured with the harmonised index of consumer prices, in August 2019 the annual growth of consumer prices was 2.4% (in August 2018 it was 2.0%). The 12-month average price growth was 1.8% (in the same period last year 1.8% as well). The monthly price growth was 0.4%.
In one year, service prices increased by 3.3% and goods prices by 1.8%. Semi-durable, non-durable and durable goods prices went up by 2.3%, by 2.1% and by 0.3%, respectively.
Measured with the harmonised index of consumer prices, in July 2019 the annual inflation rate in the EMU countries was 1.0% (down from 1.3% in June 2019). In the EU-28 it was 1.4% (down from 1.6% in June 2019). The lowest annual inflation rate was recorded in Portugal (−0.7%) and the highest in Romania (4.1%); in Slovenia it stood at 2.0%.
Consumer price indices, Slovenia
Growth rates of harmonised consumer prices, Slovenia