Charts of the Week
Charts of the week from 19 to 23 October 2026: Slovenian industrial producer prices, average gross wage per employee
Higher energy prices further accelerated year-on-year growth in Slovenian industrial producer prices in September (to 3.9%). Wage growth remained high in August (8.3%), amid a further acceleration in the public sector and continued relatively high growth in the private sector. In the public sector, wage growth was driven by the increase in basic salaries in June, while in the private sector, it was supported by labour shortages and the increase in the minimum wage at the beginning of the year.
Slovenian industrial producer prices, September 2026
Year-on-year growth in Slovenian industrial producer prices increased for the sixth consecutive month in September (to 3.9%), mainly due to higher energy prices. Prices were higher year-on-year in all main industrial groups, with intermediate goods prices continuing to make the largest contribution to overall growth (their year-on-year growth remained broadly unchanged at 5.7%). Year-on-year growth in energy prices strengthened the most, reaching 6.2% (compared with 2.6% in August), the highest rate among all main industrial groups. This was mainly due to a pronounced month-on-month increase in electricity prices (2.6%). Year-on-year growth in capital goods prices also accelerated somewhat (to 3.3%), while growth in consumer goods prices continued to moderate (to 1.8%). We estimate that lower year-on-year prices in food manufacturing (C10; –0.5%) contributed significantly to this moderation.
Average gross wage per employee, August 2026
Year-on-year nominal growth in the average gross wage remained high in August (8.3%), amid further strengthening of wage growth in the public sector and relatively high growth in the private sector. Year-on-year wage growth in the public sector strengthened further in recent months, reaching 9.5% in August, mainly reflecting the increase in basic salaries in June as part of the third instalment of the public sector pay reform. In the private sector, wage growth has remained relatively high since the beginning of the year (7.4% in August), with the highest rates recorded in some labour-intensive activities, particularly construction, accommodation and food service activities, and administrative and support service activities (including employment agencies). In addition to severe labour shortages, this also reflects this year's increase in the minimum wage, as the proportion of minimum wage earners in these activities is relatively high.
In the first eight months of this year, the overall average gross wage was 7.4% higher in nominal terms (4.3% in real terms), with increases of 7.4% (4.3% in real terms) in the public sector and 7.2% (4.1% in real terms) in the private sector.