Croatia Inflation July 2021

Croatia

Croatia: Inflation comes in at highest level since April 2013 in July

August 16, 2021

Consumer prices increased 0.19% in July over the previous month, after flatlining in June. The print reflected a marked increase in the price level for food and non-alcoholic beverages, and transportation. That said, clothing and footwear prices dipped as did prices for health care.

Inflation increased to 2.8% in July from June’s 2.0%. July's figure represented the highest inflation rate since April 2013. Annual average inflation rose to 0.8% in July (June: 0.5%).

FocusEconomics Consensus Forecast panelists expect inflation to average 1.7% in 2021, which is up 0.3 percentage points from last month’s forecast. In 2022, the panel sees inflation averaging 1.7%.


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Croatia Inflation July 2021 0

Note: Year-on-year and month-on-month variation of consumer prices in %.
Source: Croatian Bureau of Statistics (CBS) and FocusEconomics calculations.


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