Inflation in Croatia
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
|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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September 30, 2021
Industrial production expanded at a sharper rate of 5.2% in annual terms in August, from 3.9% in July.
September 17, 2021
Consumer prices rose 0.19% over the previous month in August, unchanged from July's reading.
September 1, 2021
Industrial production growth cooled to 3.9% in annual terms in July, following June’s 8.2% expansion.
August 27, 2021
GDP bounced back solidly in the second quarter, expanding 16.1% in annual terms, contrasting Q1’s 0.7% slide.
August 16, 2021
Consumer prices increased 0.19% in July over the previous month, after flatlining in June.