Friday, 31st October 2025

Slovenia Among EU Leaders in Taming Inflation as Rates Drop

Slovenia has emerged as one of the EU's top performers in controlling inflation, with its rate dropping to 1.1% in August 2024

Inflation in the Eurozone saw a significant drop to 2.2% in August 2024, down from 2.6% in July, a sharp contrast to the 5.2% rate a year earlier, according to Eurostat.

The European Union also witnessed a decrease, with inflation falling to 2.4% in August, compared to 2.8% in July. Slovenia, alongside Lithuania, Latvia, Ireland, and Finland, ranked among the top countries with the lowest inflation rates at just 1.1%. In contrast, Romania (5.3%), Belgium (4.3%), and Poland (4%) reported the highest rates.

Services contributed the most to the Eurozone’s inflation (+1.88 percentage points), while energy prices offered some relief with a decrease of -0.29 percentage points. Overall, inflation dropped in 20 EU member states, highlighting continued economic recovery.

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