In September, consumer prices rose 1.4% over the previous month, which was well above the 0.5% increase observed in August. According to the Croatian Bureau of Statistics (CBS), the increase mainly reflected higher prices for clothing and footwear as well as for transport As a result of the strong monthly rise, annual headline inflation jumped from 4.0% in August to 5.0% in September, reaching the highest level since October 2008. The core consumer price index, which smoothes out more volatile categories such as fresh food and energy, increased 1.0% over the previous month, which contrasted the 0.3% drop seen in August. As a result, annual core inflation picked up from 1.0% in August to 1.5% in September.
Inflation heats up to four-year high
October 16, 2012
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Croatia Inflation Chart
Note: Year-on-year and month-on-month variation of consumer price index in %
Source: Croatian Bureau of Statistics (CBS).
Croatia Economic News
October 17, 2016
In September, consumer prices increased 1.0% from the previous month, which contrasted August’s 0.2% drop and marked the highest reading in four years.
September 29, 2016
After months of political conflict had led the government to collapse in June, snap elections were held in Croatia on 11 September.
September 29, 2016
In August, industrial output rose 2.5% over the same month of last year in seasonally and working-day adjusted terms, which represented an acceleration over July’s weaker 1.2% increase.
September 15, 2016
In August, consumer prices declined 0.2% over the previous month, which was a softer drop than July’s 0.7% decrease.
September 2, 2016
In July, industrial output rose 1.2% over the same month of last year in working-day adjusted terms, which represented a significant slowdown from June’s 4.1% increase and the lowest result in seven months.