Slovenian inflation returns to double-digit territory

Slovenian inflation returns to double-digit territory | INFBusiness.com

The annual inflation rate rose to 10% in November after having briefly dropped below double digits for the first time in months.

Prices of food and non-alcoholic beverages, which were up by 19%, were the single biggest contributors, accounting for 3.1 percentage points of the headline figure.

Despite administered prices of fuel and caps on electricity for households and small businesses, fuel and energy prices were more than 19% higher and contributed 2.3 percentage points

The monthly inflation rate in November was at 0.9%, mostly owing to more expensive petroleum products – prices of liquid fuels were up by 7.6%, and prices of fuel and lubricants for cars by 5.7%.

On the other hand, prices of heating were down by 7% after regulated prices were introduced, whereas accommodation services were 3.7% cheaper and the cost of holiday packages dropped by 1.8%.

(Sebastijan R. Maček | sta.si)

Source: euractiv.com

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