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In February 2007 monthly inflation at -0.2%, annual inflation at 2.1%.

2 March 2007

In the second month of this year deflation was recorded as compared to a month earlier consumer prices fell by 0.2%. The fall in prices was the result of lower prices of both goods and services. Goods were on average 0.2% cheaper: prices of non-durable goods fell by 0.3% and of durable goods by 0.1%, while prices of semi-durable goods went up by 0.1%. While in the previous three months prices of services increased, this time they decreased on average by 0.1%.

In February prices decreased in the groups communication (on average by 2.1%), food and non-alcoholic beverages (by 1%), transport (by 0.6%) and furnishing, household equipment and maintenance (by 0.2%).

In the group communication, prices of telephone goods and services fell by 2.2%, while prices of postal services remained the same. Among telephone goods and services, telephone services were 2.2% cheaper while telephone and other equipment was 1.4% cheaper. Prices in the subgroup telephone services decreased on account of new discounts offered by some internet providers.

While in the past three months prices in the group food and non-alcoholic beverages went up, in February a fall of 1% was registered. In this group food was on average 1.1% cheaper while prices of non-alcoholic beverages remained the same. In the subgroup food, prices of bread and cereals went down by 3.6%, of fruit by 1.3% and of vegetables by 0.9%. On the other hand, prices of meat and of oils and fats went up on average by 0.2%.

Find out more about consumer price indices in Slovenia

Source: Statistical office of the Republic of Slovenia