Croatia Inflation Slows Further in May

Figures

Photo by esfera/Shuttestock.com

Croatia's annual inflation rate decelerated to 7.9% in May from 8.9% in the previous month, preliminary estimates from the Zagreb-based Croatian Bureau of Statistics (Crostat) showed on Thursday.

It was the lowest reading since March 2022, as prices eased for food, beverages & tobacco (13.5% vs 14% in April) and non-food industrial goods without energy (8.5% vs 8.8%), while falling for energy (-3.1% vs 1.4%).

Conversely, a slight increase was recorded in services cost (8% vs 7.8%).

On month, consumer inflation stood at 0.5% in May, down from 1% in the prior period. 

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