Croatia Inflation August 2019

Croatia

Croatia: Inflation eases in August

September 16, 2019

Consumer prices declined 0.3% from the previous month in August, following a sharper 0.5% fall in July. According to the Croatian Bureau of Statistics (CBS), August’s drop was largely driven by a marked decline in prices for clothing and footwear.

Meanwhile, inflation dipped from 1.1% in July to 0.8% in August. Consequently, annual average inflation ticked down to 0.9% from the previous month’s 1.0%.

FocusEconomics Consensus Forecast panelists expect inflation to average 0.9% in 2019, which is unchanged from last month’s forecast. In 2020, the panel expects inflation to average 1.5%.


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Croatia Inflation August 2019

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


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