Inflation in Croatia

Croatia Inflation | Economic News & Forecasts

Croatia - Inflation

Inflation comes in at highest level since our records began

Consumer prices rose 0.43% from the previous month in July, slowing down from June's 1.12% rise. July's result marked the weakest reading since January. The reading was driven by moderating price pressures for transportation and housing and utilities. Moreover, prices for clothing and footwear dropped.

Inflation edged up to 12.3% in July, following June’s 12.0%. July's reading was the highest inflation rate since our current records began. Meanwhile, the trend pointed up, with annual average inflation coming in at 7.1% in July (June: 6.3%).

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  

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Croatia Inflation Chart


Croatia Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: Central Bureau of Statistics and FocusEconomics calculations.

Croatia Facts

Value Change Date
Bond Yield0.670.0 %Dec 31
Exchange Rate6.64-0.54 %Jan 01

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