Inflation in Croatia

Croatia Inflation | Economic News & Forecasts

Croatia - Inflation

Inflation remains stable in August

Inflation came in at 12.3% in August, matching July’s result. Prices for food rose at a softer pace. In addition, price pressures for transportation declined at a faster rate.

The trend pointed up, with annual average inflation coming in at 7.8% in August (July: 7.1%). Meanwhile, harmonized inflation edged down to 12.6% in August, from the previous month's 12.7%.

Lastly, consumer prices rose 0.17% in August over the previous month, slowing down from the 0.43% increase seen in July. August's result marked the weakest reading since December 2021.

FocusEconomics Consensus Forecast panelists expect inflation to average 9.6% in 2022, which is up 0.4 percentage points from last month’s forecast. In 2023, the panel sees inflation averaging 4.8%.

Croatia - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)-0.5  -1.1  1.1  1.5  0.8  

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Croatia Inflation Chart

Croatia Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: Central Bureau of Statistics and FocusEconomics calculations.

Croatia Facts

Value Change Date
Bond Yield0.670.0 %Dec 31
Exchange Rate6.64-0.54 %Jan 01

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