Slovenia’s consumer price inflation weakened in December to the lowest level in more than four years, data from the Statistical Office of the Republic of Slovenia revealed Monday.
The consumer price index moved up 0.7 percent in December from the corresponding month of last year, following a 1.3 percent gain in November. The growth rate was the lowest since October 2009.
Inflation was influenced by a 2.2 percent rise in food and non-alcoholic beverages prices, and a 5.2 percent gain in housing costs and utility prices. Meanwhile, clothing and footwear prices decreased 2.9 percent annually, and transportation costs dropped by 0.3 percent.
Consumer prices decreased 0.9 percent compared to November, when they recorded a 0.1 percent decline, the agency said.
The statistical office further revealed that the harmonized index of consumer prices (HICP) increased 0.9 percent year-on-year in December. Compared to November, the HICP decreased 0.5 percent.
Separately, the agency said Slovenia’s import price index declined 2 percent annually in November, following the previous month’s 1.5 percent decrease. Sequentially, import prices edged up 0.1 percent, reversing October’s 0.4 percent fall.
Published: 2013-12-30 10:07:00 UTC+00
Slovenia Inflation Falls To 4-Year Low; Import Prices Drop
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