Producer Prices in Croatia
Croatia - Producer Prices
Inflation rises further in October
Consumer prices rose 0.94% in October over the previous month, coming in marginally below September's 0.95% rise which had marked a six-month high. The result largely reflected a continued albeit slower increase in prices for clothing and footwear, as well as higher prices for housing, and food and non-alcoholic beverages.
Inflation came in at 3.8% in October, up from September’s 3.3%. October's reading was the highest inflation rate since February 2013. As such, the trend continued to point up, with annual average inflation rising to 1.2% in October (September: 0.8%).
FocusEconomics Consensus Forecast panelists expect inflation to average 2.0% in 2022, which is up 0.2 percentage points from last month’s forecast. In 2023, the panel sees inflation averaging 1.7%, which is down 0.1 percentage points from last month’s estimate.
Croatia - Producer Prices Data
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Inflation (PPI, annual variation in %) | - | - | - | - | - |
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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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.
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Croatia: Inflation rises further in October
November 16, 2021
Consumer prices rose 0.94% in October over the previous month, coming in marginally below September's 0.95% rise which had marked a six-month high.
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Consumer prices rose 0.19% over the previous month in August, unchanged from July's reading.
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