Croatia: Inflation comes in at highest level since our records began
October 14, 2022
Inflation increased to 12.8% in September, above August’s 12.3%. September's result represented the highest inflation rate since our current records began in 1998. Looking at the details of the release, housing and utilities prices rose at a quicker pace in September compared to the previous month, while price pressures for transportation remained weak.
Accordingly, annual average inflation rose to 8.6% in September (August: 7.8%). Meanwhile, harmonized inflation was steady, coming in at August's 12.6% in September.
Lastly, consumer prices increased 1.44% in September over the previous month, after August's 0.17% rise. September's jump was the highest since April.