Croatia Inflation Rate at 5-month Low in January

Figures

Photo by esfera/Shuttestock.com

The annual inflation rate in Croatia fell to 12.7% in January, the lowest in five months, from 13.1% in December, figures from the Zagreb-based Croatian Bureau of Statistics (Crostat) showed on Thursday.

Cost slowed for food & non-alcoholic beverages (17.3% vs 19%); housing & utilities (15.9% vs 16%) and transport (6.6% vs 8.4%).

On the other hand, prices rose further for miscellaneous goods & services (11.7% vs 11.5%); clothing & footwear (13.8% vs 12.1%); communication (1.7% vs 0.9%); recreation & culture (10.4% vs 9.6%); alcoholic beverages & tobacco (5.7% vs 5.3%); furniture & household equipment (16.6% vs 16.1%); health (6.4% vs 4.6%); education (2.4% vs 2.3%) and restaurant & hotels (19.5% vs 17.1%).

On a monthly basis, consumer prices were flat, after a 0.3% decrease in December.

In January, measured by the harmonized index of consumer prices, or HICP, the prices of goods and services for personal consumption increased by 12. 5% on average, while compared to December they increased by 0.3%. Croatia joined the euro area on January 1. 

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