Croatia’s annual inflation rate edged down to 3.3% in May 2024, marking the lowest rate since September 2021, from 3.7% in the previous month, preliminary estimates showed. Prices rose for all sub-indices, namely: food, beverages & tobacco (3.2%), energy (1.9%), non-food industrial goods without energy (1.5%), and services (6.1%). On a monthly basis, consumer prices grew 0.1% in May, easing from a 0.7% increase in the prior month. source: Croatian Bureau of Statistics

Inflation Rate in Croatia decreased to 3.30 percent in May from 3.70 percent in April of 2024. Inflation Rate in Croatia averaged 2.73 percent from 1999 until 2024, reaching an all time high of 13.50 percent in November of 2022 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 June of 2024.

Inflation Rate in Croatia decreased to 3.30 percent in May from 3.70 percent in April of 2024. Inflation Rate in Croatia is expected to be 4.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Croatia Inflation Rate is projected to trend around 4.10 percent in 2025 and 2.60 percent in 2026, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2024-05-17 09:00 AM Inflation Rate YoY Final Apr 3.7% 4.1% 3.7%
2024-05-31 09:00 AM Inflation Rate YoY Prel May 3.3% 3.7% 4.4%
2024-06-17 09:00 AM Inflation Rate YoY Final May 3.7%

Components Last Previous Unit Reference
PPI YoY -2.00 -1.90 percent Apr 2024

Related Last Previous Unit Reference
CPI 129.10 128.20 points Apr 2024
Core Consumer Prices 130.40 129.30 points Apr 2024
Core Inflation Rate 4.20 4.60 percent Apr 2024
CPI Housing Utilities 118.00 118.90 points Apr 2024
CPI Transportation 125.80 125.00 points Apr 2024
Food Inflation 4.20 4.50 percent Apr 2024
Harmonised Consumer Prices 131.05 129.74 points Apr 2024
Inflation Rate YoY 3.30 3.70 percent May 2024
Inflation Rate MoM 0.10 0.70 percent May 2024
Producer Prices 122.00 123.20 points Apr 2024

Croatia Inflation Rate
In Croatia, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (26 percent of total weight) followed by Housing and Utilities (17 percent), Transport (15 percent), Miscellaneous Goods and Services (6 percent); Clothing and Footwear (6 percent) and Communication (6 percent). Recreation and Culture; Alcoholic Beverages and Tobacco; Furniture, Household Goods and Maintenance; Restaurant and Hotels; Health and Education account for the remaining 25 percent of total weight.
Actual Previous Highest Lowest Dates Unit Frequency
3.30 3.70 13.50 -1.80 1999 - 2024 percent Monthly
2010=100, NSA


News Stream
Croatia Inflation Rate Lowest Since 2021
Croatia’s annual inflation rate edged down to 3.3% in May 2024, marking the lowest rate since September 2021, from 3.7% in the previous month, preliminary estimates showed. Prices rose for all sub-indices, namely: food, beverages & tobacco (3.2%), energy (1.9%), non-food industrial goods without energy (1.5%), and services (6.1%). On a monthly basis, consumer prices grew 0.1% in May, easing from a 0.7% increase in the prior month.
2024-05-31
Croatia Inflation Rate Confirmed at 31-Month Low
The annual inflation rate in Croatia was confirmed at 3.7% in April 2024, down from 4.1% in the previous three consecutive months. This marked the lowest reading since September 2021, as prices moderated mainly for food & non-alcoholic beverages (4.2% vs 4.5% in March), clothing & footwear (0.9% vs 1.4%), communication (2.7% vs 3.2%) and restaurants & hotels (10.4% vs 10.7%). Additionally, costs declined for housing & utilities (-0.6% vs 0.4%). Meanwhile, inflation accelerated for alcoholic beverages & tobacco (5.9% vs 5.6%), health (5.9% vs 5.6%), and recreation & culture (4.5% vs 4.4%), while it remained steady for education (5.4%). On a monthly basis, consumer prices rose by 0.7%, easing from a 0.9% increase in the prior period.
2024-05-17
Croatia Inflation Rate At 31-Month Low
Croatia's annual inflation rate decreased to 3.7% in March 2024, marking the lowest rate since September 2021, from 4.1% in the previous month, preliminary estimates showed. Prices increased for all sub-indices, namely; food, beverages and tobacco (4.5%), energy (1.1%), non-food industrial goods without energy (2%) and services (6.3%). On a monthly basis, consumer prices rose 0.7%, slowing from a 0.9% increase in February.
2024-04-30