Croatia's inflation slows in December
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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.
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