Croatia: Inflation bounces back from over two-year low in February

Consumer prices rose 0.2% from the previous month in February, rebounding from the 0.9% decline recorded in January. According to the Croatian Bureau of Statistics (CBS), February’s uptick largely reflected higher fuel prices.

Meanwhile, inflation edged up from an over two-year low of 0.2% in January to 0.5% in February. Annual average inflation remained unchanged at the previous month’s 1.4% in February.

Croatia Inflation Forecast

FocusEconomics Consensus Forecast panelists expect inflation to average 1.4% in 2019, which is down 0.1 percentage points from last month’s forecast. In 2020, the panel expects inflation to average 1.8%.