Inflation in Croatia

Croatia Inflation | Economic News & Forecasts

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

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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