Consumer prices in Croatia decreased 0.7 percent year-on-year in December of 2020, following a 0.2 percent fall in November. It is the biggest drop in consumer prices since September of 2016, mainly due to falls in cost of food and non-alcoholic beverages (-0.9 percent), housing and utilities (-1.6 percent), transport (-4 percent) and clothing and footwear (-2.7 percent). On a monthly basis, prices went down by 0.6 percent, after a 0.3 percent drop in November. source: Croatian Bureau of Statistics

Inflation Rate in Croatia averaged 2.11 percent from 1999 until 2020, reaching an all time high of 8.43 percent in July of 2008 and a record low of -1.80 percent in May of 2016. This page provides the latest reported value for - Croatia Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Croatia Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.

Inflation Rate in Croatia is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Croatia to stand at 1.00 in 12 months time. In the long-term, the Croatia Inflation Rate is projected to trend around 1.60 percent in 2022, according to our econometric models.

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Croatia Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
-0.70 -0.20 8.43 -1.80 1999 - 2020 percent Monthly
2010=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-10-16 09:00 AM Sep 0% -0.1% 0.2%
2020-11-17 10:00 AM Oct -0.1% 0% -0.1%
2020-12-16 10:00 AM Nov -0.2% -0.1% -0.1%
2021-01-15 10:00 AM Dec -0.7% -0.2% -0.5%
2021-02-24 10:00 AM Jan -0.7% 0.1%
2021-03-17 10:00 AM Feb
2021-04-16 09:00 AM Mar
2021-05-14 09:00 AM Apr


News Stream
Consumer Prices in Croatia Fall the Most in Near 4 Years
Consumer prices in Croatia decreased 0.7 percent year-on-year in December of 2020, following a 0.2 percent fall in November. It is the biggest drop in consumer prices since September of 2016, mainly due to falls in cost of food and non-alcoholic beverages (-0.9 percent), housing and utilities (-1.6 percent), transport (-4 percent) and clothing and footwear (-2.7 percent). On a monthly basis, prices went down by 0.6 percent, after a 0.3 percent drop in November.
2021-01-15
Croatia Consumer Prices Fall for 2nd Month
Consumer prices in Croatia decreased 0.2 percent from a year earlier in November of 2020, following a 0.1 percent drop in the previous month. Cost fell for transport (-5 percent); housing & utilities (-1.6 percent); furniture & household goods (-0.1 percent); clothing & footwear (-1.9 percent) and education (-0.3 percent). On the other hand, prices advanced for food & non-alcoholic beverages (1 percent); recreation & culture (1.7 percent) and miscellaneous goods & services (1.6 percent). On a monthly basis, consumer prices went down 0.3 percent, after a 0.4 percent rise in October.
2020-12-16
Croatia Consumer Prices Drop in October
Consumer prices in Croatia edged down 0.1 percent from a year earlier in October of 2020, after being flat in the previous month, mainly due to lower prices of transport (-5 percent vs -4.3 percent); housing & utilities (-1.6 percent vs -1.7 percent) and furnishings (-0.6 percent vs 0.4 percent). Also, inflation slowed for recreation & culture (1.3 percent vs 1.9 percent); health (1.1 percent vs 1.4 percent) and alcoholic beverages & tobacco (4.8 percent vs 5 percent). Meanwhile, food cost advanced slightly faster (1.3 percent vs 1.1 percent). On a monthly basis, consumer prices were up 0.4 percent, following a 0.8 percent increase in September.
2020-11-17
Croatia Consumer Prices Flat on September
Consumer prices in Croatia were unchanged in September of 2020, following a 0.3 percent decrease in the previous month and halting five consecutive months of deflation. Prices rebounded for recreation & culture (1.9 percent vs -0.2 percent) and cost advanced faster mostly for alcoholic beverages & tobacco (5 percent cs 4.8 percent) and health (1.4 percent vs 0.8 percent). Meanwhile, inflation slowed slightly for food & non-alcoholic beverages (1.1 percent vs 1.5 percent). On the other hand, prices continued to fall for transport (-4.3 percent vs -5.1 percent) and housing & utilities (-1.7 percent, the same pace as in August). On a monthly basis, consumer prices inched up 0.8 percent, the most in a year, after dropping 0.1 percent in the previous month.
2020-10-16

Croatia Inflation Rate
In Croatia, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (27.9 percent of total weight) followed by Housing and Utilities (16.2 percent), Transport (12.6 percent), Miscellaneous Goods and Services(7.5 percent); Clothing and Footwear (6.5 percent) and Recreation and Culture (6 percent). Communication; Alcoholic Beverages and Tobacco; Furniture, Household Goods and Maintenance; Restaurant and Hotels; Health and Education account for the remaining 23.3 percent of total weight.