Higher clothing & footwear prices push up Inflation Rate in Oct

29 Oct '05

3 min read

New lines in stores resulted in higher prices of clothing and footwear for the second month in a row. Prices of clothing were up by 6.7 percent, while prices of footwear increased on average by 0.3 percent.

Higher prices in the group education were caused by the start of the new school year with higher prices of higher education and education non definable by level. The growth of prices in the group restaurants and hotels was mostly the result of higher prices in restaurants and cafes.

Higher prices of clothing and footwear contributed 0.4 percentage point to the total price growth, while higher prices of fuels and cars each added 0.1 percentage point.

Prices of motor fuels and package holidays down
In October lower prices were registered in the following groups: recreation and culture (by 1.9 percent), miscellaneous goods and services (by 0.5 percent), food and non-alcoholic beverages (by 0.2 percent), alcoholic beverages and tobacco, and transport (by 0.1 percent).

Annual growth of prices slightly down - now at 3.1 percent
The modest increase of prices in October pushed the annual inflation down to 3.1 percent. For the third month in a row no changes were registered as regards the 12-month average price growth, which is still 2.7 percent.

The list of groups whose prices increased the most in one year did not change much: housing, water, electricity, gas and other (by 9.2 percent), education (by 7.5 percent), alcoholic beverages and tobacco, and furnishing, household equipment and maintenance (by 4.3 percent) and transport (by 4.2 percent).

Statistical Office of the Republic of Slovenia

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