Croatia's inflation slows in December
Image by Pixabay
Croatia's consumer prices dropped 0.7% year-on-year in December, after edging down 0.2% in November, the Croatian Bureau of Statistics (Crostat) said in a statement on Friday.
The biggest annual decrease in consumer prices in December was recorded in the transport sector, down 4%, followed by a 2.7% fall in the prices of clothing and footwear. Cost for food and non-alcoholic beverages, which have the biggest weight of 26% in the consumer basket, went down by 0.9%, while prices of housing, water, electricity, gas and other fuel dropped 1.6%.
On a monthly comparison basis, the consumer price index (CPI) fell by 0.6% in December, after losing 0.3% in November. Croatia's average consumer price inflation for the 12 months to end-December 2020 slowed to 0.1%, from 0.8% in 2019 and 1.5% in 2018, according to the Zagreb-based bureau.
Hungary Gasoline Prices 3% Over Regional Avg
Hungary to Address Future of Cohesion Policy During EU Presi...
Cordia’s Marina City Project Begins
Budapest Airport Wins 'Best Airport in Eastern Europe' for 1...
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.
