Consumer prices in Croatia edged down 0.2 percent year-on-year in April of 2020, following a 0.6 percent increase in the previous month. It was the first drop in consumer prices since November of 2016, amid lower prices of transport (-9.5 percent vs -3.7 percent in March) and housing & utilities (-1.5 percent vs 0.5 percent); In contrast, the cost of food & non-alcoholic beverages advanced 3.7 percent, faster than a 3.2 percent increase in the previous month. On a monthly basis, consumer prices went down 0.2 percent, after rising 0.2 percent in the previous month.
Inflation Rate in Croatia averaged 2.19 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 June of 2020.
Inflation Rate in Croatia is expected to be 1.60 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 1.70 in 12 months time. In the long-term, the Croatia Inflation Rate is projected to trend around 1.90 percent in 2021 and 2.20 percent in 2022, according to our econometric models.