Croatia Inflation March 2018

Croatia

Croatia: Inflation picks up in March

April 17, 2018

Consumer prices rose 0.6% in March compared to the previous month, contrasting the 0.1% decline observed in February. According to the Croatian Bureau of Statistics (CBS), higher prices for housing, water, electricity, gas and other fuels; and alcoholic beverages and tobacco were largely behind the monthly increase.

Inflation increased from February’s seven-month low of 0.8% to 1.1% in March. Annual average inflation remained unchanged in March at the 1.1% reading observed in February.

Croatia Inflation Forecast


FocusEconomics Consensus Forecast panelists expect prices to increase 1.6% in 2018, which is unchanged from last month’s forecast. For 2019, the panel sees inflation of 1.8%.


Author: Massimo Bassetti, Economist

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Croatia Inflation Chart


Croatia Inflation March 2018

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


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