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.

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Croatia Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.20 0.30 8.43 -1.80 1999 - 2021 percent Monthly
2010=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-01-15 10:00 AM Dec -0.7% -0.2% -0.5%
2021-02-24 10:00 AM Jan -0.3% -0.7% 0.1%
2021-03-16 10:00 AM Feb 0.3% -0.3% 0.1%
2021-04-16 09:00 AM Mar 1.2% 0.3% 0.4%
2021-05-14 09:00 AM Apr 1.2%
2021-06-16 09:00 AM May
2021-07-16 09:00 AM Jun
2021-08-17 09:00 AM Jul


News Stream
Croatia Inflation Rate at 1-Year High
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.
2021-04-16
Croatia Consumer Prices Rebound in February
Consumer prices in Croatia increased 0.3 percent year-on-year in February of 2021, the first rise in the CPI in 11 straight months. Main upward pressure came from prices of health (1.2 percent vs 1.6 percent in January); transport (0.5 percent vs -3.5 percent) and communication (1.2 percent vs 1 percent). Nevertheless, costs continued to decline for food and non-alcoholic beverages (-0.8 percent vs -1.1 percent) and for housing and utilities (-0.9 percent vs -0.7 percent). On a monthly basis, prices edged up 0.3 percent, after a 0.1 percent gain in January of 2021.
2021-03-16
Croatian Consumer Deflation Eases in January
Consumer prices in Croatia decreased 0.3 percent year-on-year in January of 2021, following a 0.7 percent fall in December. Main downward pressure came from prices of food and non-alcoholic beverages (-1.1 percent vs -0.9 percent in December); housing and utilities (-0.7 percent vs -1.6 percent); and transport (-3.5 percent vs -4 percent). On a monthly basis, prices edged up 0.1 percent, after a 0.6 percent drop in December.
2021-02-24
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 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.