Croatia: Consumer prices fall year-on-year for the first time in over three years in April
May 15, 2020
Consumer prices dropped 0.2% from the last month in April, contrasting March's 0.2% rise. April’s fall was mainly driven by lower prices for transport, and housing and utilities.
Consumer prices declined 0.2% year-on-year in April, contrasting March’s 0.6% rise and marking the first annual decline since November 2016. Meanwhile, annual average inflation ticked down to 0.9% in April (March: 1.0%).
Author: Javier Colato, Economist