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Slovenia's annual inflation at 0.1% in March

Ljubljana, 31 March (STA) - Consumer prices in Slovenia grew at an annual rate of 0.1% in March, ending a seven-month deflation spurt on the back of higher prices of non-durable goods and electricity, the Statistics Office said on Wednesday.

Among goods, non-durables were the only category in which prices grew, by an average of 2.2%. Semi-durable and durable goods were down by 5.8% and 0.3%, respectively.

The single biggest contributor to inflation, accounting for a full percentage point of the headline rate, was electricity, where prices increased by almost 39%.

The statisticians however point out that this is a vestige of the plunge in prices a year ago, when electricity-related fees were reduced as a stimulus measure at the outset of the coronavirus epidemic.

The monthly inflation rate was at 0.3%, largely due to pricier oil derivatives (+6.1%) and seasonal changes in clothing and footwear prices (+3.3%).

The harmonised index of consumer prices, an EU benchmark, stood at 0.1% in March.

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