The Slovenia Times

Inflation just shy of 2% at end of year

Economy
Meat displayed at the food hall at Ljubljana Maximarket department store. Photo: Nik Jevšnik/STA

Slovenia's annual inflation rate stood at 1.9% in December, up slightly on the month before but considerably lower than the 4.2% recorded in December 2023.

Much like in 2023, the main drivers of annual inflation were food and non-alcoholic beverages, which were 2.6% more expensive than a year ago, contributing 0.5 points to the headline rate.

Higher prices in the group restaurants and hotels (up 4.1%) contributed another 0.3 points, while 0.2 points each was contributed by price increases in the groups alcoholic beverages and tobacco; clothing and footwear; miscellaneous goods and services; housing, water, electricity, gas and other fuels; and transport.

Measured with the harmonised index of consumer prices, a gauge used in EU benchmarks, the annual growth of prices in December was 2%, down from 3.8% a year ago.

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