Croatia: Inflation creeps up in March
April 14, 2011
In March, consumer prices added 0.76% over the previous month, which followed on a 0.51% increase in February. According to the Central Bureau of Statistics (Crostat), the monthly rise mainly reflected higher prices for clothing and footwear as well as higher transport costs. Owing to the pronounced price increase, annual headline inflation rose from 2.2% in February to 2.6% in March. Meanwhile, core inflation, which strips out more volatile categories such as food and energy, followed suit, adding 0.70% over the previous month. As a result, annual core inflation rose to 0.6% in March (February: 0.4% year-on-year).