Inflation drops to lowest level since March 2022 in June
Inflation came in at 7.6% in June, down from May’s 7.9%. June’s reading marked the weakest inflation rate since March 2022. Looking at the details of the release, prices for transportation fell at a faster pace in June and prices for food and non-alcoholic beverages increased at a softer rate.
Annual average inflation fell to 11.3% in June (May: 11.7%). Meanwhile, harmonized inflation was unchanged, coming in at May’s 8.3% in June.
Finally, consumer prices rose 0.88% in June over the previous month, accelerating from the 0.48% rise seen in May.
Croatia Inflation Chart
Croatia Inflation Data
|Inflation (HICP, ann. var. %, aop)||1.6||0.8||0.0||2.7||10.7|
|Inflation (CPI, ann. var. %, eop)||0.9||1.4||-0.7||5.5||13.1|
|Inflation (CPI, ann. var. %, aop)||1.5||0.8||0.2||2.6||10.8|
|Inflation (HICP, ann. var. %, eop)||1.0||1.3||-0.3||5.2||12.7|
|Inflation (PPI, ann. var. %, aop)||0.0||0.7||-2.6||5.2||26.3|