Inflation Slovenia 2004

Average inflation: 3.6%

Current Inflation

Inflation is high at 3.6%, well above the ECB target.

Peak and Trough

The highest inflation was in January at 4.0%. The lowest inflation was in December at 3.2%.

Highest month
January: 4.0%
Lowest month
December: 3.2%
Difference
0.8 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Housing, water, electricity, gas and other fuels with an average of 7.3%. The lowest price increase was in Communication with an average of 0.1%.

Highest increase
Housing, water, electricity, gas and other fuels: 7.3%
Lowest increase
Communication: 0.1%

Historical Context

Current inflation is 3.2% lower than the 5-year average of 6.8%. This approaches the lowest level since records began (3.6% in 2004).

5-year average
6.8%
10-year average
6.8%
All-time high (2000)
8.9%
All-time low (2004)
3.6%

Trend

Inflation shows a downward trend. Compared to 2003, inflation has fallen by +2.0 percentage point.

Change vs. previous year
-2.0 percentage points
Largest monthly swing
March: -2.7 percentage points

ECB Target

Inflation is 1.6% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.

What you could buy for €100 this year will cost approximately €103.60 next year at this inflation rate.

Multi-year trend

Monthly figures 2004

Inflation by category

Food and non-alcoholic beverages
0.5%
-3.1vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
5.8%
+2.2vs avg.
More details →
Clothing and footwear
1.7%
-1.9vs avg.
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Housing, water, electricity, gas and other fuels
7.3%
+3.7vs avg.
More details →
Furnishings, household equipment and maintenance
2.3%
-1.3vs avg.
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Health
1.5%
-2.1vs avg.
More details →
Transport
5.7%
+2.1vs avg.
More details →
Communication
0.1%
-3.5vs avg.
More details →
Recreation and culture
3.7%
+0.1vs avg.
More details →
Education
6.4%
+2.8vs avg.
More details →
Restaurants and hotels
5.1%
+1.5vs avg.
More details →
Miscellaneous goods and services
4.1%
+0.5vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2003
January 4.0% -2.6
February 3.6% -2.6
March 3.5% -2.7
April 3.5% -1.8
May 3.8% -1.7
June 3.9% -2.1
July 3.8% -2.1
August 3.7% -1.8
September 3.3% -1.7
October 3.3% -1.5
November 3.6% -1.5
December 3.2% -1.4
Average 3.6%

Data source

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

See also