Croatia Inflation Rate Slows in October

Figures

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Croatia's consumer prices rose by 5.8% year-on-year in October, following a 6.7% annual increase in September, the Zagreb-based Croatian Bureau of Statistics (Crostat) said on Thursday. The inflation rate reached its lowest figure since January 2022.

Prices rose at a slower pace for food & non-alcoholic beverages (8.7% vs 10.4% in September), housing & utilities (0.3% vs 3.6%), furnishings, household equipment & routine household maintenance (6.3% vs 7%), health (6.4% vs 6.7%), transport (4.2% vs 5.5%), and restaurants & hotels (12.1% vs 12.5%).

Meanwhile, inflation accelerated for clothing & footwear (6.6% vs 2.6%), communication (5.1% vs 2.9%), education (5.5% vs 4.9%), and miscellaneous goods & services (6.6% vs 6.3%).

On a monthly basis, consumer prices increased 0.5% in October, which was equal to the rate seen in the prior month. Data showed also, that measured by the EU-harmonized index of consumer prices, or HICP, prices of go ods and services for personal consumption increased by an average 6.7% annually in October. Compared to September, prices were 0.3% higher. 

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