The annual inflation rate in Slovenia fell to 1.4 percent in May 2019 from 1.7 percent in the prior month. It was the lowest inflation rate since February, as prices slowed mostly for transport (0.3 percent vs 0.8 percent in April); recreation & culture (0.7 percent vs 2 percent) and miscellaneous goods & services (1.9 percent vs 2.5 percent). In contrast, cost continued to rise for food & non-alcoholic beverages (0.7 percent vs 0.5 percent) and housing & utilities (5.6 percent vs 5.1 percent). On a monthly basis, consumer prices inched up 0.9 percent, after increasing 0.8 percent in the previous month, mostly influenced by higher prices of food and package holidays. Inflation Rate in Slovenia averaged 4.81 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 0.80 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 1.50 in 12 months time. In the long-term, the Slovenia Inflation Rate is projected to trend around 2.50 percent in 2020, according to our econometric models.