Inflation in Croatia
Croatia - Inflation
Inflation comes in at highest level since our records began
Consumer prices increased 1.12% in June over the previous month, coming in below May's 1.40% rise. June's result marked the weakest reading since February. The softer rise was largely driven by slower growth in prices for food. In addition, price pressures for transportation rose at a softer pace. Moreover, prices for clothing and footwear dropped.
Inflation increased to 12.0% in June from May’s 10.8%. June's result marked the highest inflation rate since our current records began. Meanwhile, the trend pointed up, with annual average inflation coming in at 6.3% in June (May: 5.4%).
FocusEconomics Consensus Forecast panelists expect inflation to average 2.5% in 2022, which is up 0.3 percentage points from last month’s forecast. In 2023, the panel sees inflation averaging 1.9%.
Croatia - Inflation Data
|Inflation Rate (CPI, annual variation in %)||-0.5||-1.1||1.1||1.5||0.8|
5 years of economic forecasts for more than 30 economic indicators.
Croatia Inflation Chart
Source: Central Bureau of Statistics and FocusEconomics calculations.
|Bond Yield||0.67||0.0 %||Dec 31|
|Exchange Rate||6.64||-0.54 %||Jan 01|
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July 29, 2022
Industrial production increased 3.8% year-on-year in working-day adjusted terms in June (May: +3.0% yoy).
July 19, 2022
Consumer prices increased 1.12% in June over the previous month, coming in below May's 1.40% rise.
July 1, 2022
Industrial production increased 3.0% year-on-year in working-day adjusted terms in May (April: +1.6% yoy).
June 16, 2022
Consumer prices increased 1.40% over the previous month in May, slowing down from the 2.70% rise logged in April.
June 1, 2022
Industrial production decreased 1.4% year-on-year in working-day adjusted terms in April (March: -1.9% yoy).