Croatia: Inflation edges up in October
November 16, 2018
Consumer prices rose 0.6% from the previous month in October, slightly below the 0.8% increase recorded in September. According to the Croatian Bureau of Statistics (CBS), October’s climb was largely driven by substantially higher prices for clothing and footwear.
Inflation edged up from 1.4% in September to 1.6% in October. Meanwhile, annual average inflation remained unchanged for the third consecutive month in October at 1.5%.
Croatia Inflation Forecast
FocusEconomics Consensus Forecast panelists expect inflation to average 1.9% in 2019, which is unchanged from last month’s forecast. In 2020, the panel expects inflation to average 2.0%.
Author: Javier Colato, Economist