Inflation in Croatia
Croatia - Harmonized Inflation
Inflation rises further in October
Consumer prices rose 0.94% in October over the previous month, coming in marginally below September's 0.95% rise which had marked a six-month high. The result largely reflected a continued albeit slower increase in prices for clothing and footwear, as well as higher prices for housing, and food and non-alcoholic beverages.
Inflation came in at 3.8% in October, up from September’s 3.3%. October's reading was the highest inflation rate since February 2013. As such, the trend continued to point up, with annual average inflation rising to 1.2% in October (September: 0.8%).
FocusEconomics Consensus Forecast panelists expect inflation to average 2.0% in 2022, which is up 0.2 percentage points from last month’s forecast. In 2023, the panel sees inflation averaging 1.7%, which is down 0.1 percentage points from last month’s estimate.
Croatia - Harmonized Inflation Data
|Inflation Rate (HICP, annual variation in %)||-0.3||-0.6||1.3||1.6||0.8|
5 years of economic forecasts for more than 30 economic indicators.
Croatia Harmonized Inflation Chart
Source: Central Bureau of Statistics and FocusEconomics calculations.
|Bond Yield||0.67||0.0 %||Dec 31|
|Exchange Rate||6.64||-0.54 %||Jan 01|
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November 26, 2021
GDP expanded a robust 15.8% in annual terms in Q3, marginally below the 16.5% growth tallied in the prior quarter, supported by strong tourist activity which buoyed the external sector. The slowdown was due to a moderation in domestic activity.
November 16, 2021
Consumer prices rose 0.94% in October over the previous month, coming in marginally below September's 0.95% rise which had marked a six-month high.
October 15, 2021
Consumer prices rose 0.95% in September over the previous month, picking up from August's 0.19% increase.
September 30, 2021
Industrial production expanded at a sharper rate of 5.2% in annual terms in August, from 3.9% in July.
September 17, 2021
Consumer prices rose 0.19% over the previous month in August, unchanged from July's reading.