Croatia Inflation June 2021

Croatia

Croatia: Inflation declines in June

July 16, 2021

Consumer prices flatlined in June over the previous month, which was below May's 0.19% increase. June's result marked lowest reading since December 2020. June’s downturn largely reflected tumbling prices for clothing and footwear which more than offset a quicker growth in prices for food and non-alcoholic beverages.

Inflation came in at 2.0% in June, which was down from May’s 2.1%. Meanwhile, the trend pointed up slightly, with annual average inflation coming in at 0.5% in June (May: 0.3%).

FocusEconomics Consensus Forecast panelists expect inflation to average 1.7% in 2021, which is up 0.3 percentage points from last month’s forecast. In 2022, the panel sees inflation averaging 1.7%.


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Croatia Inflation June 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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