Croatia Inflation September 2020

Croatia

Croatia: September records zero inflation, the highest reading in six months

October 16, 2020

Consumer prices rose 0.88% from the previous month in September, swinging from August's 0.10% drop and marking the sharpest increase in prices since March 2019. September’s rise largely reflected a rebound in prices for clothing and footwear, and transport.

Meanwhile inflation flatlined in September, up from August's 0.1% year-on-year decrease in consumer prices. September's figure put an end to falling prices, which had been occurring since March. Meanwhile, annual average inflation was unchanged, coming in at August's 0.5% in September.

FocusEconomics Consensus Forecast panelists expect inflation to average 1.0% in 2021, which is unchanged from last month’s forecast. In 2022, the panel sees inflation averaging 1.4%.


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Croatia Inflation September 20 20

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


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