Inflation Slovenia 2023
Average inflation: 7.5%
Current Inflation
Inflation is very high at 7.5%, far above the ECB target.
Peak and Trough
The highest inflation was in March at 10.5%. The lowest inflation was in December at 4.2%.
- Highest month
- March: 10.5%
- Lowest month
- December: 4.2%
- Difference
- 6.3 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food and non-alcoholic beverages with an average of 12.4%. The lowest price increase was in Transport with an average of 1.5%.
- Highest increase
- Food and non-alcoholic beverages: 12.4%
- Lowest increase
- Transport: 1.5%
Historical Context
Current inflation is 3.5% higher than the 5-year average of 4.0%.
- 5-year average
- 4%
- 10-year average
- 2.2%
- All-time high (2022)
- 8.8%
- All-time low (2015)
- -0.5%
Trend
Inflation shows an upward trend. Compared to 2022, inflation has risen by -1.3 percentage point.
- Change vs. previous year
- -1.3 percentage points
- Largest monthly swing
- December: -6.1 percentage points
ECB Target
Inflation is 5.5% 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 €107.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2023
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2022 |
|---|---|---|
| January | 10.0% | +4.2 |
| February | 9.3% | +2.4 |
| March | 10.5% | +5.1 |
| April | 9.4% | +2.5 |
| May | 8.4% | +0.3 |
| June | 6.9% | -3.5 |
| July | 6.1% | -4.9 |
| August | 6.2% | -4.8 |
| September | 7.4% | -2.6 |
| October | 6.9% | -2.9 |
| November | 4.9% | -5.1 |
| December | 4.2% | -6.1 |
| Average | 7.5% |
Data source
Data from OECD. Last updated: 10/01/2026.