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Republic of Slovenia: Selected Issues
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2009: Issue 160
Language:
English
Publication Date:
22 May 2009
DOI:
https://doi.org/10.5089/9781451835816.002
ISBN:
9781451835816
ISSN:
1934-7685
Pages:
27
Keywords:
ISCR; CR; bank; demand-pull; price; HICP inflation; inflation differential; demand-pull factor; inflation perception; Slovenian bank; fuel price; Commercial banks; Inflation; Foreign banks; Loans; Credit; Global
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The spike in Slovenian inflation in 2007–08 has shown how structural bottlenecks may hamper Slovenian growth in the future. This Selected Issues paper investigates the role of supply factors and demand-side effects in explaining this surge. The paper concludes that the spike in Slovenian inflation in 2007–08 was a consequence of cost-push and demand-pull factors. The supply-side factors, including the spike in commodity prices and demand-pull factors related to the business cycle, explained approximately two-thirds of the surge.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund