IMAD Says Inflation Transitional, but "Not Encouraging"

Ljubljana, 1 October - The Institute for Macroeconomic Analysis and Development (IMAD), the government's macroeconomic think-tank, has raised its projection of end-year inflation to 4.3%, up from 3.2% in the spring forecast. The figures are not very encouraging, acting IMAD director Bostjan Vasle told the press on Monday, but added that the high inflation was transitional.

Maribor. Ceremony at the opening of the new facilities at Maribor university hospital. Photo: Bojan Sustar/STA

Maribor.
Ceremony at the opening of the new facilities at Maribor university hospital.
Photo: Bojan Sustar/STA

Ljubljana Bostjan Vasle, the acting head of IMAD, says inflation figures are not encouraging, but the high inflation is transitional. Photo: Domen Groegl/STA

Ljubljana
Bostjan Vasle, the acting head of IMAD, says inflation figures are not encouraging, but the high inflation is transitional.
Photo: Domen Groegl/STA

Ljubljana Bostjan Vasle, the acting head of IMAD, says inflation figures are not encouraging, but the high inflation is transitional. Photo: Domen Groegl/STA

Ljubljana
Bostjan Vasle, the acting head of IMAD, says inflation figures are not encouraging, but the high inflation is transitional.
Photo: Domen Groegl/STA

Ljubljana Bostjan Vasle, the acting head of IMAD, says inflation figures are not encouraging, but the high inflation is transitional. Photo: Domen Groegl/STA

Ljubljana
Bostjan Vasle, the acting head of IMAD, says inflation figures are not encouraging, but the high inflation is transitional.
Photo: Domen Groegl/STA

Ljubljana Bostjan Vasle, the acting head of IMAD, says inflation figures are not encouraging, but the high inflation is transitional. Photo: Domen Groegl/STA

Ljubljana
Bostjan Vasle, the acting head of IMAD, says inflation figures are not encouraging, but the high inflation is transitional.
Photo: Domen Groegl/STA

Ljubljana Bostjan Vasle, the acting head of IMAD, says inflation figures are not encouraging, but the high inflation is transitional. Photo: Domen Groegl/STA

Ljubljana
Bostjan Vasle, the acting head of IMAD, says inflation figures are not encouraging, but the high inflation is transitional.
Photo: Domen Groegl/STA

Ljubljana Bostjan Vasle, the acting head of IMAD, says inflation figures are not encouraging, but the high inflation is transitional. Photo: Domen Groegl/STA

Ljubljana
Bostjan Vasle, the acting head of IMAD, says inflation figures are not encouraging, but the high inflation is transitional.
Photo: Domen Groegl/STA

Ljubljana Bostjan Vasle, the acting head of IMAD, says inflation figures are not encouraging, but the high inflation is transitional. Photo: Domen Groegl/STA

Ljubljana
Bostjan Vasle, the acting head of IMAD, says inflation figures are not encouraging, but the high inflation is transitional.
Photo: Domen Groegl/STA

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