Producer prices in Slovenia increased 0.2 percent year-on-year in July of 2019, slowing from a 0.5 percent rise in the previous month. It is the lowest producer inflation since November 2016, as manufacturing cost continued to decline (-0.4 percent vs -0.1 percent in June) while mining & quarrying prices advanced at a softer pace (0.6 percent vs 1.0 percent). On the other hand, electricity prices rose faster (15.5 percent vs 15.3 percent) while cost increased at the same pace for water supply (9.0 percent). On a monthly basis, producer prices fell 0.1 percent, after increasing 0.5 percent in the prior month. Producer Prices Change in Slovenia averaged 1.91 percent from 2001 until 2019, 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 0.10 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 1.90 in 12 months time. In the long-term, the Slovenia Producer Prices Change is projected to trend around 1.90 percent in 2020, according to our econometric models.