Croatia: Inflation dips in September

Consumer prices rose 0.8%—a one-year high—from the previous month in September, following the flat reading recorded in August. According to the Croatian Bureau of Statistics (CBS), September’s print mainly reflected substantially higher prices for clothing and footwear.

Inflation dipped from 2.1% in August to 1.4% in September. Meanwhile, annual average inflation remained unchanged at August’s 1.5%, the highest reading in over four and a half years.

Croatia Inflation Forecast

FocusEconomics Consensus Forecast panelists expect inflation to average 1.6% in 2019, which is unchanged from last month’s forecast. In 2020, the panel expects inflation to average 1.9%.