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.

Inflation Rate in Croatia averaged 2.14 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 October of 2020.

Inflation Rate in Croatia is expected to be 0.50 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 1.50 in 12 months time. In the long-term, the Croatia Inflation Rate is projected to trend around 1.10 percent in 2021 and 2.20 percent in 2022, according to our econometric models.

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Croatia Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.00 -0.10 8.43 -1.80 1999 - 2020 percent Monthly
2010=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-07-16 09:00 AM Jun -0.2% -0.6% -0.1%
2020-08-17 09:00 AM Jul -0.3% -0.2% 0.1%
2020-09-16 09:00 AM Aug -0.1% -0.3% -0.5%
2020-10-16 09:00 AM Sep 0% -0.1% 0.2%
2020-11-17 10:00 AM Oct 0%
2020-12-16 10:00 AM Nov
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
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 Consumer Price Deflation Eases
Consumer prices in Croatia decreased 0.3 percent from a year earlier in August of 2020, following a 0.2 percent fall in the previous month. It was the fourth consecutive month of deflation, led by prices of transport (-5.1 percent vs -6.2 percent in July), housing & utilities (-1.7 percent vs -1.6 percent) and recreation & culture (-0.2 percent vs -0.5 percent). Meantime, cost advanced faster for food & non-alcoholic beverages (1.5 percent vs 1 percent). On a monthly basis, consumer prices went down 0.1 percent, after dropping 0.5 percent in the previous month.
2020-09-16
Croatia Consumer Prices Fall for 4th Month
Consumer prices in Croatia decreased 0.3 percent from a year earlier in July of 2020, following a 0.2 percent fall in the previous month. It was the fourth consecutive month of deflation, led by prices of transport (-5.1 percent vs -6.2 percent in June), housing & utilities (-1.6 percent, the same pace as in June) and recreation & culture (-0.5 percent vs -0.4 percent). Also, inflation slowed further for food & non-alcoholic beverages (1 percent vs 2 percent). On a monthly basis, consumer prices went down 0.5 percent, after rising 0.1 percent in the previous month.
2020-08-17
Croatia Consumer Prices Drop for 3rd Month
Consumer prices in Croatia went down 0.2 percent year-on-year in June of 2020, following a 0.6 percent fall in the previous month. It was the third straight month of deflation, as the global pandemic continued to hit consumption. Main downward pressure came from prices of transport (-6.2 percent vs -10.2 percent in May); housing & utilities (-1.6 percent vs -1.9 percent) and recreation & culture (-0.4 percent vs -0.7 percent). Also, cost slowed further for food & non-alcoholic beverages (2 percent vs 2.5 percent). On a monthly basis, consumer prices edged up 0.1 percent, the same pace as in the previous month.
2020-07-16

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.