Inflation rate in Slovenia fell to 1.7 percent in September of 2019 from 2.3 percent in the previous month. It was the lowest inflation rate since May, as prices slowed for food & non-alcoholic beverages (1.7 percent vs 2.9 percent in August); housing & utilities (3.9 percent vs 4.9 percent) and clothing & footwear (2.3 percent vs 5.2 percent) while transport cost dropped further (-2.0 percent vs - 0.7 percent). On the other hand, prices advanced faster for recreation & culture (2.2 percent vs 2.1 percent) and miscellaneous goods & services (3.5 percent vs 2.0 percent). On a monthly basis, consumer prices dropped 0.2 percent after a 0.4 percent rise in the prior month. Inflation Rate in Slovenia averaged 4.78 percent from 1994 until 2019, reaching an all time high of 22.60 percent in August of 1994 and a record low of -0.90 percent in March of 2016.
Inflation Rate in Slovenia is expected to be 2.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Slovenia to stand at 1.90 in 12 months time. In the long-term, the Slovenia Inflation Rate is projected to trend around 2.30 percent in 2020, according to our econometric models.