Producer prices in Croatia decreased 0.4 percent year-on-year in September 2019, following a 0.3 percent decline in the previous month. That was the steepest fall in producer prices since November 2016, led by lower energy costs (-4.3 percent). Meanwhile, non-durable consumer goods prices rose the most (1.2 percent), followed by intermediate goods (0.5 percent), capital goods (0.3 percent) and durable consumer goods (0.1 percent). Producer Prices Change in Croatia averaged 0.99 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.
Producer Prices Change 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 Producer Prices Change in Croatia to stand at 1.70 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.