In contrast to October last year, in October this year a high inflation was observed, which led to a considerable rise at the annual level. The annual inflation rate jumped to 5.1%, which is much more than in the same period last year, when in was only 1.5%, the lowest so far. The high monthly inflation also had a negative impact on the 12-month average price growth, which rose to 3.1% (last month it was 2.8% and in the same period last year it was 2.4%).
Compared to October 2006, services were on average 5.1% more expensive and goods 4.9%. Among goods, in one year the prices of non-durable goods grew by 7.8% and the prices of semi-durable goods by 2.4%, while the prices of durable goods fell by 1.7%.
Harmonised indices of consumer prices:
Measured with the harmonised index of consumer prices, prices in October went up by 0.7%. Compared to a month before, the annual price growth increased to 5.1% (in the same period last year it was 1.6%), while the 12-month average price growth increased to 3.2% (in the previous month it was 3% and in the same period last year 2.5%).
In October 2007 goods prices went up by 1.3% while the prices of services went down by 0.3%. As regards goods, the prices of semi-durable goods grew by 3.4%, of non-durable goods by 1.1% and of durable goods by 0.3%. Compared to October 2006, service prices went up by 5.2% and goods prices by 5.1%.
Measured with the harmonised index of consumer prices, in September 2007 the annual inflation rate in the 13 EMU countries was 2.1% (in August it was 1.7%), while in the EU-27 it was 2.2% (in August it was 1.9%). The highest annual inflation rate was recorded in Latvia (11.5%) and the lowest in Malta (0.9%), while in Slovenia it stood at 3.6%.
Statistical Office of the Republic of Slovenia
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