The annual inflation rate in Croatia fell to 0.8 percent in December 2018 from 1.3 percent in the previous month. It was the lowest inflation rate since February, as prices eased for housing & utilities (2.2 percent from 2.5 percent in November); transport (0.3 percent from 3.4 percent); miscellaneous goods & services (0.2 percent from 0.4 percent); furniture & household equipment (0.2 percent from 1.2 percent); and restaurants & hotels (2.6 percent from 2.7 percent). Additionally, cost of clothing & footwear dropped further (-1.6 percent from -1.4 percent). On the other hand, inflation was steady for food & non-alcoholic beverages (0.5 percent, the same as in November); recreation & culture (1.2 percent) and health (1.8 percent). On a monthly basis, consumer prices went down 0.8 percent, after declining 0.3 percent in the prior month. Considering the 2018 as a whole, inflation was at 1.5 percent. Inflation Rate in Croatia averaged 2.28 percent from 1999 until 2018, 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.

Inflation Rate in Croatia is expected to be 2.90 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 2.50 in 12 months time. In the long-term, the Croatia Inflation Rate is projected to trend around 2.00 percent in 2020, according to our econometric models.

Croatia Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-10-16 09:00 AM Inflation Rate YoY 1.4% 2.1% 2.3%
2018-11-16 10:00 AM Inflation Rate YoY 1.6% 1.4% 1.7%
2018-12-14 10:00 AM Inflation Rate YoY 1.3% 1.6% 2.1%
2019-01-16 10:00 AM Inflation Rate YoY 0.8% 1.3% 1.3%
2019-02-22 10:00 AM Inflation Rate YoY 0.8% 1%
2019-03-15 10:00 AM Inflation Rate YoY
2019-04-16 09:00 AM Inflation Rate YoY 2.9%


Croatia Prices Last Previous Highest Lowest Unit
Inflation Rate 0.80 1.30 8.43 -1.80 percent [+]
Inflation Rate Mom -0.80 -0.30 1.62 -1.01 percent [+]
Consumer Price Index CPI 101.50 102.30 102.50 63.70 Index Points [+]
Core Consumer Prices 102.50 103.10 103.10 71.30 Index Points [+]
Core Inflation Rate 0.80 0.90 6.90 -1.80 percent [+]
Producer Prices 99.50 100.60 107.80 94.80 Index Points [+]
Producer Prices Change 0.20 1.20 8.20 -6.40 percent [+]
Harmonised Consumer Prices 101.96 102.60 103.20 62.88 Index Points [+]
Food Inflation 0.50 0.50 14.70 -4.30 percent [+]
Cpi Housing Utilities 98.50 98.80 101.00 45.20 Index Points [+]
CPI Transportation 99.90 103.00 105.30 93.00 Index Points [+]


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). Housing and Utilities accounts for 16.2 percent; Transport for 12.6 percent; Miscellaneous Goods and Services for 7.5 percent; Clothing and Footwear for 6.5 percent and Recreation and Culture for 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. 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 - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.80 1.30 8.43 -1.80 1999 - 2018 percent Monthly
2010=100, NSA




Country Last Previous
Argentina 48.90 Jan/19
Australia 1.80 Dec/18
Brazil 3.78 Jan/19
Canada 2.00 Dec/18
China 1.70 Jan/19
Euro Area 1.40 Jan/19
France 1.20 Jan/19
Germany 1.40 Jan/19
India 2.05 Jan/19
Indonesia 2.82 Jan/19
Italy 0.90 Jan/19
Japan 0.30 Dec/18
Mexico 4.37 Jan/19
Netherlands 2.20 Jan/19
Russia 5.00 Jan/19
Saudi Arabia -1.90 Jan/19
Singapore 0.50 Dec/18
South Africa 4.00 Jan/19
South Korea 0.80 Jan/19
Spain 1.00 Jan/19
Switzerland 0.60 Jan/19
Turkey 20.35 Jan/19
United Kingdom 1.80 Jan/19
United States 1.60 Jan/19


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