Small Croatian town on the beach

Croatia Inflation

Croatia Inflation

Inflation in Croatia

Harmonized consumer price inflation in the Euro Area averaged 1.9% in the ten years to 2022, closely in line with the regional average of 1.8%. The 2022 average figure was notably higher at 10.7%. 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 2022.
Source: Central Bureau of Statistics Croatia.

Croatia Inflation Data

2018 2019 2020 2021 2022
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) -4.9 -4.3 -7.4 0.0 20.0

Harmonized inflation rises in March

Harmonized inflation ticked up to 4.9% in March, following February’s 4.8%. March's figure was the highest inflation rate since December 2023. Looking at the details of the release, housing and utilities prices rose at a quicker pace in March compared to the previous month, and price pressures for transportation gathered steam. Annual average harmonized inflation fell to 6.8% in March (February: 7.2%). Meanwhile, consumer price inflation was unchanged, coming in at February's 4.1% in March. Finally, harmonized consumer prices increased 0.91% over the previous month in March, accelerating from February's 0.30% rise. March's figure marked the highest reading since July 2023.

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 15 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

Free sample report

Interested in economic reports, analysis and data? FocusEconomics provides data, forecasts and analysis for hundreds of countries and commodities. Request your free sample report now.

Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest