Slovenia's annual inflation rate climbed from zero in October to 1.8% in November, mainly due to higher prices of food and non-alcoholic beverages, according to the national Statistical Office. Consumer price growth remains below the eurozone average though.

Service prices went up by 2.8% and goods prices by 1.2% for the annual inflation rate, which is still considerably below the 4.9% recorded in November 2023.

Prices of food and non-alcoholic beverages rose by 2.3% in a year, pushing the headline rate up by 0.4 percentage points.

Higher higher prices in the groups health (6.1% price rise), restaurants and hotels (3.8%), clothing and footwear (3.6%) and recreation and culture (3.1%) added 0.3 percentage points each to the headline rate.

On the other hand, annual inflation was slowed by 0.2 points as a result of 1.4% lower transport prices.

Month-on-month consumer prices rose by 0.7%. The primary drive was a 16.8% rise in electricity prices due to winter-season network fee adjustments, the costlier electricity adding 0.5 percentage points to the monthly inflation rate.

Other contributors included higher fuel prices.

Monthly inflation was partially offset by cheaper accommodation services and package holidays.

Measured with the harmonised index of consumer prices, and EU-wide gauge, the annual inflation rate ran at 1.6%, which compares to 2.3% in the euro area, according to data released on 29 November by Eurostat.