Inflation in Croatia
Croatia - Inflation
Inflation comes in at highest level since October 2008 in December
Consumer prices were flat from the previous month in December, after the 0.75% increase recorded in November. December's result marked the weakest reading since June. December’s result largely reflected falling prices for housing and utilities as well as for clothing and footwear. Meanwhile, prices pressures for transportation rose over the previous month.
Inflation came in at 5.5% in December, which was up from November’s 4.8%. December's figure marked the highest inflation rate since October 2008. Annual average inflation rose to 2.4% in December (November: 1.7%).
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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January 17, 2022
Consumer prices were flat from the previous month in December, after the 0.75% increase recorded in November.
December 30, 2021
Industrial production rose 3.7% year-on-year in working-day adjusted terms in November, up from October’s 2.7% increase.
December 17, 2021
Consumer prices increased 0.75% in November over the previous month, below October's 0.94% increase.
November 29, 2021
Industrial production grew a marginally weaker 2.6% in annual terms in October, from September’s 2.8%.
November 26, 2021
GDP expanded a robust 15.8% in annual terms in Q3, marginally below the 16.5% growth tallied in the prior quarter, supported by strong tourist activity which buoyed the external sector. The slowdown was due to a moderation in domestic activity.