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Slovenia's inflation hits 13-year high

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Hina , N1 Zagreb
30. stu. 2021. 21:24
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In November 2021, Slovenia's consumer prices rose by 4.6 percent year-on-year, the largest increase on record since October 2008, when it was 4.9 percent, the Slovenian bureau of statistics reported on Tuesday.

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Slovenia's central bank commented that increased inflation has been fueled mainly by a rise in energy prices in international markets. Analysts expects those prices to stabilize in 2022.

"The current rise is a consequence of high prices of the petroleum and natural gas on the international markets. Also the prices of CO2 emission coupons are rising. In November, the prices of heating energy and fuel strongly rose," the central bank said.

Commodity prices jumped 6.2 percent in November year-on-year, while prices of services increased 1.5 percent.

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