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Weekly Review of Slovenian Business & Economy from 27 December to 2 January

Ljubljana, 4 January - Slovenia ended 2003 with the lowest inflation in years, only 4.6 percent. The figure is largely a result of the government's efforts to keep down administered prices. That capped prices would be kept under control in 2004 too, was already clear before 2003 ran out, as the cabinet decided to freeze fees for the use of the power transmission grid to prevent a significant increase in the price of electricity for households. The move was also a message to other companies that have monopoly and are in state ownership, that their appetite for higher profits would be subjected to the government's goal of curbing inflation to a level that would enable Slovenia to enter the eurozone as soon as possible.

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© STA, 2004