Consumer prices in Croatia increased 1.2 percent year-on-year in March of 2021, following a 0.3 increase in the previous month. It was the highest reading since February of 2020, as inflation surged for transports (5.27 percent vs 0.40 percent in February) and alcoholic beverages and tobacco (10.41 percent vs 4.43 percent). Moreover, prices rose at a faster pace for recreation & culture (1.69 percent vs 1.38 percent) and miscellaneous goods (1.17 percent vs 0.97 percent). On the other hand, food prices fell more (-1.04 percent vs -0.85 percent), while cost for housing & and utilities stalled (0.0 percent vs -0.9 percent). On a monthly basis, prices rose 1.1 percent, after edging up by 0.3 percent in the month prior. source: Croatian Bureau of Statistics
Inflation Rate in Croatia averaged 2.10 percent from 1999 until 2021, 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 May of 2021.
Inflation Rate in Croatia is expected to be 1.90 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 0.60 in 12 months time. In the long-term, the Croatia Inflation Rate is projected to trend around 1.60 percent in 2022 and 1.70 percent in 2023, according to our econometric models.