The Introduction of the Common Currency in Slovenia

by Festic, Mejra and Krizanic, France
Published in Romanian Journal of Economic Forecasting
, 2011, volume 14 issue 1, 88-105

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Abstract

The inflation in the first and half year after the introduction of Euro in Slovenia was of a short-term nature, conditioned also by a favorable economic growth. The cumulative (retail) price level growth was also conditioned by internal factors (a weak competition in certain sectors and an increase in domestic demand) and external factors (some originate from the increase in food and energy product prices on the world market and from relative high GDP growth in Slovenia due to export growth) in the observed time period.

Keywords: inflation, demand, prosperity, common currency
JEL Classification: E21, E31, C13, C2