Inflation in Croatia

Croatia Harmonized Inflation | Economic News & Forecasts

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

2015   2016   2017   2018   2019  
Inflation Rate (HICP, annual variation in %)-0.3  -0.6  1.3  1.6  0.8  

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Croatia Harmonized Inflation Chart

Croatia Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: Central Bureau of Statistics and FocusEconomics calculations.

Croatia Facts

Value Change Date
Bond Yield0.670.0 %Dec 31
Exchange Rate6.64-0.54 %Jan 01

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