Croatia: Inflation moderates in April
May 16, 2011
In April, consumer prices added 0.25% over the previous month, well below the 0.76% increase recorded in March. According to the Central Bureau of Statistics (Crostat), the monthly rise mainly reflected higher prices for clothing and footwear as well as higher transport costs, mitigated by lower prices for food and non-alcoholic beverages (-0.9% month-on-month). Owing to April's moderate price increase, annual headline inflation stepped down to 2.4% from 2.6% in March. Meanwhile, annual core inflation, which strips out more volatile categories such as food and energy, remains subdued, rising from 0.6% in March to 0.8% in April.