Producer prices in Croatia increased 1 percent year-on-year in December of 2019, following a 0.1 percent gain in the previous month. It is the highest producer inflation in seven months, amid a rebound in cost of energy (2.8 percent vs -1.3 percent in November) and a faster increase in cost of non-durables (1.3 percent vs 1.1 percent). On the other hand, prices rose 0.6 percent for durables (the same as in the previous month) and fell 0.5 percent for capital goods (+0.3 percent). On a monthly basis, producer prices edged down 0.2 percent, after declining 0.1 percent in November.
Producer Prices Change in Croatia averaged 0.97 percent from 2009 until 2019, reaching an all time high of 8.20 percent in March of 2011 and a record low of -6.40 percent in May of 2016. This page provides - Croatia Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Producer Prices Change in Croatia is expected to be 1.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Croatia to stand at 1.50 in 12 months time. In the long-term, the Croatia Producer Prices Change is projected to trend around 2.20 percent in 2020, according to our econometric models.