Slovenia: Harmonized inflation falls to lowest level since December 2021 in July
Harmonized inflation came in at 5.7% in July, down from June’s 6.6%. July’s result represented the weakest inflation rate since December 2021. The figure was primarily driven by slower growth in prices for food and non-alcoholic beverages. In addition, price pressures for transportation decreased at a quicker rate. That said, prices for recreation and restaurants and hotels picked up pace.
Annual average harmonized inflation fell to 9.4% in July (June: 9.9%). Meanwhile, consumer price inflation fell to 6.1% in July, from June’s 6.9%.
Lastly, harmonized consumer prices were flat in July over the previous month, below June’s 0.90% rise. July’s result marked the weakest reading since January.