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Croatia sees lowest inflation rate in Europe

By  May 19, 2019

Croatia recorded the lowest inflation rate in the European Union in April, and it was less than half of the EU average, according to new information from the European Union statistical centre Eurostat.

Croatia's annual inflation rate, measured by the Harmonised Index of Consumer Prices (HICP), dropped in April to 0.8 percent from 1.1 percent in March. In April 2018, the inflation rate in Croatia was 1.4 percent. Denmark and Portugal were the other two countries that saw an extremely low inflation rate, of 0.9 percent.

Inflation grew the most year-on-year in Romania (4.4%) and Hungary (3.9%). Compared to the month before, the annual inflation rate dropped in six EU countries, stagnated in two and grew in 19, Eurostat said.

The Voice of Dubrovnik


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