Croatia Inflation Slows Further in May
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.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.