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
2015 | 2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|---|
Inflation Rate (CPI, annual variation in %) | -0.5 | -1.1 | 1.1 | 1.5 | 0.8 |
Croatia Inflation Chart

Source: Central Bureau of Statistics and FocusEconomics calculations.
Croatia Facts
Value | Change | Date | |
---|---|---|---|
Bond Yield | 0.67 | 0.0 % | Dec 31 |
Exchange Rate | 6.64 | -0.54 % | Jan 01 |
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Economic News
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Croatia: Industrial output growth accelerates in June
July 29, 2022
Industrial production increased 3.8% year-on-year in working-day adjusted terms in June (May: +3.0% yoy).
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Croatia: Inflation comes in at highest level since our records began
July 19, 2022
Consumer prices increased 1.12% in June over the previous month, coming in below May's 1.40% rise.
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Croatia: Industrial output growth accelerates in May
July 1, 2022
Industrial production increased 3.0% year-on-year in working-day adjusted terms in May (April: +1.6% yoy).
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Croatia: Inflation increases in May
June 16, 2022
Consumer prices increased 1.40% over the previous month in May, slowing down from the 2.70% rise logged in April.
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Croatia: Decline in industrial output softens in April
June 1, 2022
Industrial production decreased 1.4% year-on-year in working-day adjusted terms in April (March: -1.9% yoy).