Croatia: Inflation slumps in March on falling fuel prices
April 16, 2020
Consumer prices rose 0.2% over the previous month in March, contrasting February’s 0.3% decline. March’s increase was driven by soaring prices for clothing and footwear, which more than offset lower prices for utilities and transport—especially for fuels and lubricants for personal transport equipment.
Inflation fell to 0.6% in March, from 1.5% in February, marking the lowest reading since June 2018. Meanwhile, annual average inflation came in at 1.0%, matching February’s print.