Inflation rate in Slovenia edge up to 1.6 percent in March of 2019 from 1.2 percent in the previous month. It was the highest inflation since December 2018, as cost rose faster for housing & utilities (5.1 percent from 3.9 percent in February); miscellaneous goods & services (2.0 percent from 1.2 percent); restaurants & hotels (2.6 percent from 2.7 percent) and health (2.0 percent from 1.5 percent). In addition, prices fell at a softer pace for transport (-0.2 percent from -1.6 percent) while rebounded for clothing & footwear (2.1 percent from -0.5 percent). Meanwhile, prices increased less for food & non-alcoholic beverages (0.1 percent from 0.4 percent); recreation & culture (1.9 percent from 2.5 percent); furniture & household equipment (0.7 percent from 1.5 percent) and for alcoholic beverages & tobacco (0.1 percent from 0.3 percent). On a monthly basis, consumer prices went up 0.7 percent, following a 0.8 percent rise in February. Inflation Rate in Slovenia averaged 4.83 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 1.20 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 1.10 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.