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Croatia producer inflation hits new record high in May

Figures

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Croatia's industrial producer prices rose by 23.7% year-on-year in May, following a 21.9% increase in April, data from the Zagreb-based Central Bureau of Statistics (Crostat) on Thursday show.

Industrial producer prices of energy increased the most, 94.4% annually in May. Additional upward pressure came from costs of intermediate goods (12.3%), capital goods (6.4%), durable consumer goods (7%) and non-durable consumer goods (7.1%).

On a monthly basis, producer prices rose 2.5%, accelerating from a 1.7% increase in the previous month.

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