Croatia Producer Inflation Eases in June

Figures

Photo by esfera/Shuttestock.com

Croatia's annual industrial producer prices rose 2.2% in June, after rising by 2.5% in May, data from the Zagreb-based Croatian Bureau of Statistics (Crostat) showed on Monday.

It was the lowest figure since February of 2020, as prices slowed for manufacturing (0.2% vs 0.9% in May), electricity, gas, steam, & air conditioning supply (19.3% vs 20.3%), and water supply, sewerage, waste management, & remediation activities (0.7% vs 1.2%).

Meanwhile, prices fell at a softer pace for mining & quarrying (-16.8% vs -32.9%).

On a monthly basis, producer prices increased 0.7% in June, rebounding from a 1.4% fall in the previous month. Industrial producer prices on the domestic market increased by 4.3% year-on-year and were 1.2% higher month-on-month.

On the non-domestic market, the producer price index (PPI) fell by 0.5% on the year and stagnated in monthly terms. 

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