The Slovenia Times

Annual inflation steady at 1.8% in April

Nekategorizirano


The biggest contributor to the annual price increase was costlier fuel, while the monthly rise came on the back of costlier footwear, flights and package holidays.

Goods were 1.4% more expensive and the cost of services rose by 2.6% year-on-year.

The prices of non-durable and semi-durable goods were up 2.3% and 0.2% respectively, while durable goods were 1.5% cheaper.

Costlier fuel contributed 0.6 percentage points to the annual inflation, as the price of liquid fuels increased by 21.6% over April 2016.

On the other hand, cheaper used cars and clothing kept the annual figure down by 0.2 points and 0.1 points, respectively.

Costlier food, especially meat (+2.6%), milk, cheese and eggs (+2.9%) and fruit (+4.8%) added 0.3 percentage points to the inflation.

On the monthly level, footwear prices rose substantially (+19.9%), contributing 0.4 percentage points to the monthly inflation. Costlier flights (+34.0%) and holiday packages (+3.2%) added 0.1 points each.

The harmonised index of consumer prices, an EU gauge, was at 1.7% on the annual level.

In April 2016, the Statistics Office recorded an annual deflation rate of 0.7%.

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