Croatia May Inflation Confirmed

Figures

Photo by esfera/Shuttestock.com

Croatia's consumer prices increased by 7.9% year-on-year in May from 8.9% in the previous month, the Croatian Bureau of Statistics (Crostat) said on Friday, confirming its first estimates announced at the beginning of June.

Prices of food and soft drinks rose 15.1% and prices of housing, water, electricity, gas, and other fuels went up 7.5%, while transportation costs fell 4.8%.

On a monthly basis, consumer inflation stood at 0.5%, easing from 1% in the previous month.

Measured by the harmonized index of consumer prices (HICP), prices of goods and services for personal consumption increased by an annual 8.3% on average in May, while compared to April they increased by 0.6%.

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