Central Bank Cautious about Recovery, Sees Inflation Fluctuation

Ljubljana, 10 January - Macroeconomic indicators (relatively high real interest rates, drop in import prices, moderate real wage growth and economic activities) suggest that inflation will be further reduced, according to the analytical research department of the Bank of Slovenia. Yet the announced changes in indirect taxes (excise duties) and administered prices could cause meaningful current inflation fluctuations, the analysts state in the latest issue of Monetary Review.