Croatia Inflation

Croatia

Croatia: Inflation remains stable in January

February 21, 2011

In January, consumer prices added 0.51% over the previous month, which followed on a 0.09% increase in December. According to the Central Bureau of Statistics (Crostat), the monthly rise mainly reflected higher prices for food and non-alcoholic beverages, which were partially offset by lower prices for clothing and footwear. Despite the pronounced price increase, annual headline inflation remained stable at December's 1.9%. However, the core inflation index, which strips out more volatile categories such as food and energy, dropped 0.44% over the previous month. Annual core inflation rose to 0.7% in January (December: 0.3% year-on-year).

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