Slovenia: Harmonized inflation slides in October
Harmonized inflation dropped to 6.6% in October, following September’s 7.1%. The result was driven by moderating price pressures for food and non-alcoholic beverages and easing price pressures for housing and utilities. Moreover, prices for recreation grew at a more subdued pace.
Accordingly, the trend pointed down, with annual average harmonized inflation coming in at 8.3% in October (September: 8.6%). Meanwhile, consumer price inflation fell to 6.9% in October, from September’s 7.4%.
Finally, harmonized consumer prices rose 0.40% in October over the previous month, which was below the 0.70% rise recorded in September.