Inflation in Croatia

Croatia Inflation | Economic News & Forecasts

Croatia - Inflation

Inflation hits over eight-year high in August

Consumer prices rose 0.19% over the previous month in August, unchanged from July's reading. The print largely reflected a marginally slower increase in prices for food and non-alcoholic beverages. Meanwhile prices for clothing and footwear slid at a softer rate over the previous month.

Inflation came in at 3.1% in August, up from July’s 2.8%. August's result marked the highest inflation rate since April 2013. Accordingly, the trend pointed up mildly, with annual average inflation coming in at 1.0% in August (July: 0.8%).

FocusEconomics Consensus Forecast panelists expect inflation to average 1.8% in 2021, which is up 0.1 percentage points from last month’s forecast. In 2022, the panel sees inflation averaging 1.7%, which is unchanged from last month’s estimate.

Croatia - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)-0.5  -1.1  1.1  1.5  0.8  

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Croatia 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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