Import price indices, Slovenia, October 2020

In October 2020, import prices 0.4% lower at the monthly level and 4.1% lower at the annual level

In October 2020, import prices were on average lower than in the previous month and also lower than a year ago. The highest monthly decrease was recorded in the group electricity, gas, steam and air conditioning.

11/30/2020
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Mateja Oman
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Import prices 0.4% lower than in September 2020

Import prices decreased in October 2020 on average by 0.4% at the monthly level. The prices of products supplied from the euro area were lower by 0.8%, while the prices of products imported from the non-euro area on average stayed unchanged.

As regards groups of activities showing the dynamics of prices by end-use, in October 2020 energy prices decreased the most (by 6.8%), followed by capital goods prices (by 0.4%), while intermediate goods prices and consumer goods prices increased (by 0.4% and by 0.2%, respectively).

In October 2020, import prices decreased the most in the group electricity, gas, steam and air conditioning (by 17.8%), followed by the group coke and refined petroleum products (by 5.5%). The largest increase was observed in the group crude petroleum and natural gas (by 17.2%).

Import prices 4.1% lower than a year ago

From October 2019 to October 2020 import prices decreased on average by 4.1%. The prices of products supplied from the euro area went down by 4.2% and the prices of products imported from the non-euro area by 4.0%.

Import prices decreased the most in the group coal and lignite (by 28.1%), while prices in the group other manufactured goods increased (by 1.8%).

Annual growth rates of import prices, Slovenia

Source: SURS

Import price indices, Slovenia

	X 2020 IX 2020	X 2020 XII 2019	X 2020 X 2019	I–X 2020 I–X 2019	X 2020 Ø 2015
Total	99.6	96.3	95.9	96.4	99.45
Euro area	99.2	96.3	95.8	96.5	101.39
Non-euro area	100.0	96.4	96.0	96.3	97.00
Main industrial groups
Intermediate goods	100.4	97.2	96.5	95.9	99.58
Energy	93.2	77.7	77.1	79.2	90.86
Capital goods	99.6	98.8	98.8	100.1	100.82
Consumer goods	100.2	98.5	98.1	99.0	98.56
Products by Classification of Products by Activity (CPA 2015)
B Mining and quarrying	108.2	82.1	90.0	77.1	86.01
C Manufacturing	99.8	96.5	96.1	97.0	99.57
D Electricity, gas, steam and air conditioning	82.2	100.2	85.7	76.4	101.88