Latest reading: Consumer prices rose 1.9% on a year-on-year basis in July, following a 1.6% increase in the prior month....
Inflation in Croatia
Harmonized consumer price inflation averaged 2.6% in the ten years to 2024. The 2024 average figure was 4.0%. For more inflation information, visit our dedicated page.
Croatia Inflation Chart
Note: This chart displays Inflation (HICP, ann. var. %, aop) for Croatia from 2014 to 2025.
Source: Macrobond.
Croatia Inflation Data
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Inflation (HICP, ann. var. %, aop) | 2.7 | 10.7 | 8.4 | 4.0 | 4.4 |
| Inflation (CPI, ann. var. %, eop) | 5.5 | 12.9 | 4.6 | 3.4 | 3.3 |
| Inflation (CPI, ann. var. %, aop) | 2.6 | 10.8 | 8.0 | 3.0 | 3.7 |
| Inflation (HICP, ann. var. %, eop) | 5.2 | 12.7 | 5.4 | 4.5 | 3.8 |
| Inflation (PPI, ann. var. %, aop) | 9.6 | 26.4 | 5.9 | -3.7 | 1.3 |
Inflation slows in July from June
Latest reading: Harmonized consumer prices increased 3.6% on a year-on-year basis in July, following a 4.2% increase in the prior month. July's reading was the weakest since October 2024. Relative to the prior month's data, there were milder price pressures for food and non-alcoholic beverages (-0.1% in annual terms vs +0.7% in June), transportation (+7.0% vs +7.3% in June), housing and utilities (+12.9% vs +13.1% in June) and restaurants and hotels (+4.4% vs +4.9% in June). Meanwhile, consumer prices rose 3.9% in July, following a 4.5% rise in the prior month. Lastly, harmonized consumer prices increased 0.60% in July in month-on-month terms, following a 0.13% increase in the prior month.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Croatian inflation projections for the next ten years from a panel of 11 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable inflation forecast available for Croatian inflation.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Croatian inflation projections.
Want to get access to the full dataset of Croatian inflation forecasts? Send an email to info@focus-economics.com.
Latest Global Inflation News
-
Japan: Inflation picks up in July from the prior month -
UAE: Inflation eases in July from the prior month Latest reading: Consumer prices in Dubai rose 5.3% in annual terms in July, following a 5.7% increase in the prior... -
Netherlands: Inflation picks up in July from the prior month Latest reading: Harmonized consumer prices were up 3.0% on a year-on-year basis in July, following a 2.5% increase in the... -
Italy: Inflation eases in July from the prior month Latest reading: Harmonized consumer prices increased 2.9% in annual terms in July, following a 3.0% increase in the previous month.... -
Portugal: Inflation is unchanged in July Latest reading: Harmonized consumer prices were up 3.1% in annual terms in July, unchanged from the previous month’s reading. Relative... -
Bulgaria: Inflation ebbs in July from the prior month Latest reading: Harmonized consumer prices increased 4.4% on a year-on-year basis in July, following a 5.2% rise in the previous... -
Germany: Inflation rises in July from June Latest reading: Harmonized consumer prices rose 2.8% in annual terms in July, up from 2.4% in June and marking the...