Croatia’s annual inflation slows to 3.7% in Apr – first estimate

On a monthly comparison basis, Croatia's consumer price index (CPI) rose 0.7% in April, after adding 0.9% in March, the Bureau of Statistics said.

In April, prices of food, beverages, and tobacco rose by 4.5% year-on-year. Service costs increased by 6.3%, industrial non-food products (excluding energy) saw a 2.0% rise, while energy prices grew 1.1%.

The statistical office will release final inflation data for April on May 17.

Measured by the EU-harmonised index of consumer prices (HICP), prices of goods and services for personal consumption in Croatia increased by an average 4.7% year-on-year in April. On a monthly comparison basis, HICP rose by an estimated 1.0% in April.

Croatia reported a 4.9% annual rise and a 0.9% monthly increase in HICP in March.

Croatia's average annual inflation slowed down to 8% last year from 10.8% in 2022.