Price Level of Household Consumption for Slovenia
PLCCPPSIA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.72
Year-over-Year Change
-4.51%
Date Range
1/1/1990 - 1/1/2019
Summary
The Price Level of Household Consumption for Slovenia measures the relative cost of consumer goods and services in the country compared to the European Union average.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This index provides insight into Slovenia's purchasing power and cost of living relative to other EU nations. It is widely used by economists, policymakers, and international organizations to assess Slovenia's economic competitiveness and household affordability.
Methodology
The data is collected by Eurostat through household surveys and price measurements.
Historical Context
This trend is a key indicator for evaluating Slovenia's economic performance and standard of living.
Key Facts
- Slovenia's price level was 83.3% of the EU average in 2021.
- The index has risen from 77.5% in 2010, indicating improving affordability.
- Slovenia's prices are significantly lower than Western European countries.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Household Consumption for Slovenia measures the relative cost of consumer goods and services in the country compared to the European Union average.
Q: Why is this trend relevant for users or analysts?
A: This index provides insight into Slovenia's purchasing power and cost of living relative to other EU nations, which is important for evaluating the country's economic competitiveness and household affordability.
Q: How is this data collected or calculated?
A: The data is collected by Eurostat through household surveys and price measurements.
Q: How is this trend used in economic policy?
A: This trend is a key indicator for evaluating Slovenia's economic performance and standard of living, and is used by economists, policymakers, and international organizations.
Q: Are there update delays or limitations?
A: The data is published regularly by Eurostat, with the most recent figures available for 2021.
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Citation
U.S. Federal Reserve, Price Level of Household Consumption for Slovenia (PLCCPPSIA670NRUG), retrieved from FRED.