Croatia Inflation April 2021


Croatia: Inflation comes in at highest level since August 2018 in April

May 14, 2021

Consumer prices rose 0.68% in April over the previous month, coming in below the 1.07% rise recorded in March. April’s downturn largely reflected lower price pressures for food and non-alcoholic beverages, clothing and footwear, as well as housing and utilities.

Inflation came in at 2.1% in April, up from March’s 1.2%. April's figure was the highest inflation rate since August 2018. The annual average variation of consumer prices ticked up to 0.1% in April (March: -0.1%).

FocusEconomics Consensus Forecast panelists expect inflation to average 1.2% in 2021, which is up 0.2 percentage points from last month’s forecast. In 2022, the panel sees inflation averaging 1.6%.


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Croatia Inflation Chart

Croatia Inflation April 2021

Note: Year-on-year and month-on-month variation of consumer prices in %.
Source: Croatian Bureau of Statistics (CBS) and FocusEconomics calculations.

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