Inflation in Croatia

Croatia Inflation | Economic News & Forecasts

Croatia - Inflation

Consumer prices record largest fall in nearly four years in May

Consumer prices increased 0.10% over the last month in May, swinging from April's 0.20% drop. May’s upturn was primarily driven by higher prices for clothing and footwear.

Consumer prices declined 0.6% on an annual basis in May, a steeper drop compared to April’s 0.2% decrease. May's fall was the largest since September 2016. In addition, the trend pointed down with annual average inflation coming in at 0.8% in May (April: 0.9%).

FocusEconomics Consensus Forecast panelists expect inflation to average 0.3% in 2020, which is down 0.1 percentage points from last month’s forecast. In 2021, the panel expects inflation to average 1.1%.

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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