Croatia: Inflation climbs to near year-and-a-half high in January
February 21, 2020
Consumer prices dropped 0.3% over the previous month in January, following December’s 0.1% dip. January’s decrease was largely driven by falling prices for clothing and footwear—due to seasonal discounts—as well as for housing and utilities.
Inflation climbed to 2.0% in January, from 1.4% in December, thus marking the highest reading since August 2018. Meanwhile, annual average inflation came in at 0.9%, an uptick from December’s 0.8%.
Author: Hanna Andersson, Economist