Monday, 09 December 2019
Inflation rate slows down again in Croatia this time to 0.6 percent Pixabay

Inflation rate slows down again in Croatia this time to 0.6 percent

By  Nov 16, 2019

Croatia's consumer price inflation slowed down to 0.6 percent year-on-year in October, down from 0.8 percent in September, the state statistics bureau said on Friday.

By product category, the highest month-on-month price increases were recorded for goods and services "for personal consumption," up by 0.4 percent. Cumulatively, consumer prices have increased by 0.7 percent since January this year.

The highest year-on-year increase was in prices of alcohol and tobacco products, which jumped by 4.6 percent, followed by prices of restaurants and hotels, up by 3.2 percent.

On the other hand, the biggest drops were recorded in transport prices - down by 2.6 percent, and fuel prices - which dropped by 4.1 percent.

Compared to September, consumer prices in October increased by 0.4 percent on average. The highest single monthly increase was in prices of clothes and footwear - up by 7.3 percent, while transport prices went up by 0.8 percent.

The Voice of Dubrovnik

THE VOICE OF DUBROVNIK


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