Latest reading: Consumer prices were up 0.7% on a year-on-year basis in May, following a 0.6% increase in the previous...
Inflation in Croatia
Harmonized consumer price inflation averaged 2.6% in the ten years to 2024. The 2024 average figure was 4.0%. For more inflation information, visit our dedicated page.
Croatia Inflation Chart
Note: This chart displays Inflation (HICP, ann. var. %, aop) for Croatia from 2014 to 2025.
Source: Macrobond.
Croatia Inflation Data
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Inflation (HICP, ann. var. %, aop) | 2.7 | 10.7 | 8.4 | 4.0 | 4.4 |
| Inflation (CPI, ann. var. %, eop) | 5.5 | 12.9 | 4.6 | 3.4 | 3.3 |
| Inflation (CPI, ann. var. %, aop) | 2.6 | 10.8 | 8.0 | 3.0 | 3.7 |
| Inflation (HICP, ann. var. %, eop) | 5.2 | 12.7 | 5.4 | 4.5 | 3.8 |
| Inflation (PPI, ann. var. %, aop) | 9.6 | 26.4 | 5.9 | -3.7 | 1.3 |
Inflation picks up in April from March
Latest reading: Harmonized consumer prices increased 5.4% on a year-on-year basis in April, following a 4.6% increase in the prior month. April's reading was the strongest since November 2023. Relative to the prior month's figures, there were higher price pressures for transportation (+10.7% on a year-on-year basis vs +5.7% in March) and housing and utilities (+13.6% vs +12.1% in March). In contrast, price pressures reduced for food and non-alcoholic beverages in April (+2.9% vs +3.4% in March). Finally, the variation in restaurants and hotels prices was the same as in the prior month (+6.5% in April and March). Meanwhile, consumer prices increased 5.8% in April, following a 4.8% rise in the previous month. Lastly, harmonized consumer prices were up 1.42% in April in month-on-month terms, following a 1.15% increase in the prior month.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Croatian inflation projections for the next ten years from a panel of 13 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable inflation forecast available for Croatian inflation.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Croatian inflation projections.
Want to get access to the full dataset of Croatian inflation forecasts? Send an email to info@focus-economics.com.
Latest Global Inflation News
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Poland: Inflation inches down in May from April Latest reading: Consumer prices increased 3.1% on a year-on-year basis in May, following a 3.2% increase in the previous month.... -
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Malaysia: Inflation rises in April from the prior month Latest reading: Consumer prices increased 1.9% in annual terms in April, following a 1.7% increase in the prior month. April’s... -
Ireland: Inflation is stable in April Latest reading: Harmonized consumer prices were up 3.6% on a year-on-year basis in April, unchanged from the prior month’s reading....