Inflation in Croatia
In the year 2024, the inflation in Croatia was 4.02%, compared to 0.22% in 2014 and 8.39% in 2023. It averaged 2.61% over the last decade. For more inflation information, visit our dedicated page.
Croatia Inflation Chart
Note: This chart displays Inflation (HICP, ann. var. %, aop) for Croatia from 2024 to 2022.
Source: Macrobond.
Croatia Inflation Data
2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Inflation (HICP, ann. var. %, aop) | 0.0 | 2.7 | 10.7 | 8.4 | 4.0 |
Inflation (CPI, ann. var. %, eop) | -0.7 | 5.5 | 13.1 | 4.5 | 3.5 |
Inflation (CPI, ann. var. %, aop) | 0.2 | 2.6 | 10.8 | 7.9 | 3.0 |
Inflation (HICP, ann. var. %, eop) | -0.3 | 5.2 | 12.7 | 5.4 | 4.5 |
Inflation (PPI, ann. var. %, aop) | -2.0 | 9.6 | 26.4 | 5.9 | -3.7 |
Harmonized inflation drops to lowest level since October 2024 in April
Latest reading: Harmonized inflation dropped to 4.0% in April, from March’s 4.3%. April's figure marked the lowest inflation rate since October 2024. Looking at the details of the release, price pressures for food softened and transport prices fell at a steeper rate. That said, housing and utilities prices rose at a quicker pace. Annual average harmonized inflation ticked down to 3.9% in April (March: 4.0%). Meanwhile, consumer price inflation was steady, coming in at March's 3.2% in April. Finally, harmonized consumer prices increased 0.72% in April over the previous month, picking up from March's 0.45% rise. April's uptick marked the highest reading since October 2024.
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 14 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
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