Inflation

Photo: UKOM archive


From 1994 until 2010, the average inflation rate in Slovenia was 6.79 percent reaching an historical high of 22.60 percent in August of 1994 and a record low of -0.9 percent in 2009. In 2011 the annual inflation rate was 1.8 %.

Inflation rate refers to a general rise in prices measured against a standard level of purchasing power. The most well known measures of Inflation are the CPI which measures consumer prices, and the GDP deflator, which measures inflation in the whole of the domestic economy.