Inflation in Croatia
Croatia - Inflation
Inflation drops to 10-month low in December
Consumer prices fell 0.8% from the previous month in December, following the 0.2% drop recorded in November. According to the Croatian Bureau of Statistics (CBS), December’s decline was largely driven by lower prices for transport, and clothing and footwear due to seasonal discounts.
Inflation dipped from 1.3% in November to 0.8% in December, a 10-month low. Meanwhile, annual average inflation was unchanged at 1.5% in December for the fifth consecutive month.
Croatia Inflation Forecast
FocusEconomics Consensus Forecast panelists expect inflation to average 1.7% in 2019, which is down 0.1 percentage points from last month’s forecast. In 2020, the panel expects inflation to average 1.9%.
Croatia - Inflation Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Inflation Rate (CPI, annual variation in %) | 2.2 | -0.2 | -0.5 | -1.1 | 1.1 |
Croatia Inflation Chart
Source: Central Bureau of Statistics and FocusEconomics calculations.
Croatia Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 2.09 | 0.0 % | Jan 16 |
| Exchange Rate | 6.52 | -0.54 % | Jan 16 |
| Stock Market | 1,752 | -0.48 % | Jan 16 |
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Economic News
Croatia: Inflation drops to 10-month low in December
January 16, 2019
Consumer prices fell 0.8% from the previous month in December, following the 0.2% drop recorded in November.
Croatia: Industrial output notches fifth month of losses in November
December 28, 2018
In November, industrial output fell 0.8% in working day-adjusted terms over the same month a year earlier, moderating from October’s 2.4% drop.
Croatia: Inflation dips in November
December 14, 2018
Consumer prices fell 0.3% from the previous month in November, contrasting the 0.6% increase recorded in October.
Croatia: Economic growth remains solid in Q3
November 30, 2018
The Croatian economy weakened marginally in the third quarter, according to detailed GDP data released by the Statistical Institute on 30 November, with annual economic growth ticking down to 2.8% from 2.9% in the second quarter.
Croatia: Industrial production drops for the fourth consecutive month in October
November 29, 2018
In October, industrial output fell 2.4% in working-day adjusted terms over the same month last year, moderating slightly from the 2.6% drop recorded in September and marking the fourth consecutive month of year-on-year contractions. October’s dip mainly reflected a marked decline in manufacturing output, primarily of fabricated metal and food products.
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