Assessment: Inflation is temporary

18.10.2021

Banka Slovenije5

Inflation is temporary, and the risks are mainly due to the pressures of wage increases, are the main points of the October event of the Bank of Slovenia entitled 'Inflation in the light of the epidemic - what can we expect?' MAS Vice-President Andrej Božič represented MAS in the discussion.

He emphasized that the pressure to raise wages was already being felt and that this could be addressed through rapid digitalisation. This will not be possible without engineering staff, which must be well paid, so he again advocated the introduction of social or development cap.