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Croatia Inflation March 2021

Croatia: Inflation hits over-year high in March

Consumer prices rose 1.07% from the previous month in March, accelerating from the 0.29% rise tallied in February and logging was the sharpest increase in prices two years. March’s upturn was largely driven by higher prices for food and non-alcoholic beverages as well as for housing and utilities.

Inflation came in at 1.2% in March, above February’s 0.3% reading. March’s figure marked the highest inflation rate since February 2020. Meanwhile, the trend was unchanged with the annual average variation of consumer prices coming in at February’s minus 0.1% in March.

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