Croatia Inflation September 2021

Croatia

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

October 15, 2021

Consumer prices rose 0.95% in September over the previous month, picking up from August's 0.19% increase. September's figure marked the highest reading since March. The result largely reflected a notable increase in prices for clothing and footwear, as well as higher prices for housing and transportation.

Inflation ticked up to 3.3% in September, following August’s 3.1%. September's result represented the highest inflation rate since April 2013. Accordingly, the trend pointed up, with annual average inflation coming in at 0.8% in September (August: 0.5%).

FocusEconomics Consensus Forecast panelists expect inflation to average 1.9% in 2021, which is up 0.1 percentage points from last month’s forecast. In 2022, the panel sees inflation averaging 1.8%, which is also up 0.1 percentage points from last month’s estimate.


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Croatia Inflation September 2021

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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