Weekly Review of Slovenian Business & Economy 22 to 28 May

Ljubljana, 30 May - Higher global oil prices have pushed up petrol retail prices for the second time in two weeks in Slovenia, raising fears that the government will be unable to meet its inflation and GDP growth targets for this year. Finance Minister Dusan Mramor noted that if oil prices remain at the present level, 0.6 percentage points would be added to the end-year inflation figure. Against this gloomy outlook, car maker Revoz - owned by French Renault - announced that it has been awarded the production of a new model, which is expected to create hundreds of new jobs.