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Croatia's Inflation Rises to 2.2% in October, Breaking Slowdown Trend Canva

Croatia's Inflation Rises to 2.2% in October, Breaking Slowdown Trend

Written by  Nov 16, 2024

Consumer prices in Croatia increased by 2.2% in October compared to the same month last year, according to the Croatian Bureau of Statistics (DZS). This marks the end of a five-month trend of declining annual inflation rates, which had dropped to 1.6% in September.

The largest annual price hikes were seen in restaurants and hotels (+10.6%), followed by miscellaneous goods and services (+6.7%) and education (+5.3%). Food and non-alcoholic beverages rose by 4.8%, while energy prices fell by 4.5%. On a monthly basis, consumer prices increased by 1.1%, with clothing and footwear leading the surge (+10.5%).

Inflation measured by the EU-harmonized index (HIPC) stood at 3.6% year-on-year, highlighting ongoing cost-of-living challenges.

The Voice of Dubrovnik

THE VOICE OF DUBROVNIK


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