Slovenia: Harmonized inflation drops to lowest level in almost three years in April
Harmonized inflation eased to 3.0% in April, below March’s 3.4%. April’s reading represented the weakest inflation rate since September 2021 but remained above the Euro area average of 2.4%. Looking at the details of the release, prices for food and non-alcoholic beverages plunged in April.
Accordingly, the trend pointed down, with annual average harmonized inflation coming in at 5.1% in April (March: 5.6%). Meanwhile, consumer price inflation fell to 3.0% in April from the previous month’s 3.6%.
Finally, harmonized consumer prices rose 0.70% in April over the previous month, picking up from the 0.60% increase recorded in March. April’s figure marked the highest reading since September 2023.