Croatia Inflation May 2022

Croatia

Croatia: Inflation increases in May

June 16, 2022

Consumer prices increased 1.40% over the previous month in May, slowing down from the 2.70% rise logged in April. May's result marked the softest rise in prices since February. The figure was primarily driven by softer growth in prices for food. Moreover, prices for clothing and footwear grew at a more subdued pace.

Inflation came in at 10.8% in May, up from April’s 9.4%. May's reading was the highest inflation rate since our current records began. Annual average inflation rose to 5.1% in May (April: 4.6%).

FocusEconomics Consensus Forecast panelists expect inflation to average 2.5% in 2022, which is up 0.3 percentage points from last month’s forecast. In 2023, the panel sees inflation averaging 1.9%.


Author:

Sample Report

Looking for forecasts related to Inflation in Croatia? Download a sample report now.

Download




Croatia Economic News

More news

Search form