Producer prices in Slovenia increased 1.6 percent year-on-year in November of 2018, easing from a 1.9 percent rise in the previous month. It was the lowest producer inflation since January of 2017, as prices slowed for manufacturing (1.4 percent from 1.7 percent in October), particularly textiles (0.6 percent from 1.5 percent); paper & paper products (3.7 percent from 4.1 percent); rubber and plastic products (1.9 percent from 2.9 percent); basic metals (4 percent from 5.8 percent) and electrical equipment (0.3 percent from 1 percent). On the other hand, cost rose faster for electricity, gas, steam & air conditioning supply (6.4 percent from 6 percent) and inflation was steady for mining & quarrying (4 percent, the same as in October). Meanwhile, prices fell at a softer pace for water supply (-0.3 percent from -5.3 percent). On a monthly basis, producer prices went down 0.1 percent, the same as in October. Producer Prices Change in Slovenia averaged 1.95 percent from 2001 until 2018, reaching an all time high of 8.86 percent in January of 2001 and a record low of -3.27 percent in August of 2009.
Producer Prices Change in Slovenia is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Slovenia to stand at 2.60 in 12 months time. In the long-term, the Slovenia Producer Prices Change is projected to trend around 2.20 percent in 2020, according to our econometric models.