Croatia Inflation July 2018


Croatia: Inflation falls from an over five-year high in July

August 17, 2018

Consumer prices dropped 0.9% from the previous month in July, contrasting the flat reading recorded in June. According to the Croatian Bureau of Statistics (CBS), July’s print mainly reflected substantially lower prices for clothing and footwear.

Inflation edged down to 2.1% in July from 2.4% in June, which had marked the highest reading in over five years. Meanwhile, annual average inflation ticked up from 1.3% in June to 1.4% in July.

Croatia Inflation Forecast

FocusEconomics Consensus Forecast panelists expect inflation to average 1.6% in 2018, which is up 0.1 percentage points from last month’s forecast. In 2019, the panel expects inflation to average 1.9%.

Author:, Economist

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Croatia Inflation Chart

Croatia Inflation July 2018

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

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