Producer prices in Croatia decreased 4.1 percent year-on-year in August 2020, following a 4 percent fall in the previous month. Cost dropped further for energy (-36.4 percent from -17.1 percent in July); intermediate goods (-1.2 percent from -0.8 percent); and capital goods (-0.3 percent from -0.1 percent). In addition, cost of non-durable consumer goods fell (-0.2 percent from 0.7 percent). On the other hand, prices of durable consumer declined at a softer pace (-1.1 percent from -1.5 percent). On a monthly basis, producer prices went down 0.5 percent, after rising 0.7 percent in the prior month.
Producer Prices Change in Croatia averaged 0.77 percent from 2009 until 2020, reaching an all time high of 8.20 percent in March of 2011 and a record low of -6.60 percent in May of 2020. This page provides - Croatia Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Croatia Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020.
Producer Prices Change in Croatia is expected to be 1.70 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 1.50 in 12 months time. In the long-term, the Croatia Producer Prices Change is projected to trend around 2.20 percent in 2021, according to our econometric models.