The Slovenia Times

Inflation persists at a high level

The food hall at the Maximarket department store.
Photo: Nik Jevšnik/STA
File photo

Slovenia's annual inflation rate ticked up slightly to 10% in November, after having briefly dropped below the 10% threshold for the first time in months.

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

Fuel and energy prices were more than 19% higher and contributed 2.3 percentage points, while an average increase of 12% in the prices of apartment and household equipment accounted for 0.9 percentage points.

The monthly inflation rate in November is 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%.

The prices of food were up by 0.9%.

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%.

Measured with the harmonised index of consumer prices, an EU-wide gauge, Slovenia's inflation ran at the annual rate of 10.8%, up by half a point from October.


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