Inflation Slovenia 2003

Average inflation: 5.6%

Current Inflation

Inflation is very high at 5.6%, far above the ECB target.

Peak and Trough

The highest inflation was in January at 6.6%. The lowest inflation was in December at 4.6%.

Highest month
January: 6.6%
Lowest month
December: 4.6%
Difference
2.0 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Alcoholic beverages, tobacco and narcotics with an average of 12.6%. The lowest price increase was in Communication with an average of 1.5%.

Highest increase
Alcoholic beverages, tobacco and narcotics: 12.6%
Lowest increase
Communication: 1.5%

Historical Context

Current inflation is 2.0% lower than the 5-year average of 7.6%. This approaches the lowest level since records began (5.6% in 2003).

5-year average
7.6%
10-year average
7.6%
All-time high (2000)
8.9%
All-time low (2003)
5.6%

Trend

Inflation shows a downward trend. Compared to 2002, inflation has fallen by +1.9 percentage point.

Change vs. previous year
-1.9 percentage points
Largest monthly swing
April: -3.1 percentage points

ECB Target

Inflation is 3.6% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.

What you could buy for €100 this year will cost approximately €105.60 next year at this inflation rate.

Multi-year trend

Monthly figures 2003

Inflation by category

Food and non-alcoholic beverages
4.5%
-1.1vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
12.6%
+7.0vs avg.
More details →
Clothing and footwear
6.4%
+0.8vs avg.
More details →
Housing, water, electricity, gas and other fuels
6.6%
+1.0vs avg.
More details →
Furnishings, household equipment and maintenance
4.7%
-0.9vs avg.
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Health
5.9%
+0.3vs avg.
More details →
Transport
4.7%
-0.9vs avg.
More details →
Communication
1.5%
-4.1vs avg.
More details →
Recreation and culture
4.9%
-0.7vs avg.
More details →
Education
4.6%
-1.0vs avg.
More details →
Restaurants and hotels
7.3%
+1.7vs avg.
More details →
Miscellaneous goods and services
6.3%
+0.7vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2002
January 6.6% -1.8
February 6.2% -1.9
March 6.2% -1.5
April 5.3% -3.1
May 5.5% -2.0
June 6.0% -0.8
July 5.9% -1.3
August 5.5% -1.8
September 5.0% -2.2
October 4.8% -2.4
November 5.1% -1.6
December 4.6% -2.7
Average 5.6%

Data source

Data from OECD. Last updated: 10/01/2026.

See also