Croatia Inflation April 2022

Croatia

Croatia: Inflation comes in at highest level since our records began

May 18, 2022

Consumer prices rose 2.70% in April over the previous month, picking up from the 2.02% rise logged in March. The increase was primarily due to rising prices for food. In addition, price pressures for housing and utilities increased at a quicker pace.

Inflation came in at 9.5% in April, up from March’s 7.3%. April's result represented the highest inflation rate since our current records began. Annual average inflation rose to 107.5% in April (March: 106.7%).

FocusEconomics Consensus Forecast panelists expect inflation to average 2.5% in 2022, which is up 0.3 percentage points from last month’s forecast. In 2023, the panel sees inflation averaging 1.9%.


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