Business

Croatia's Annual Inflation Rate Reaches 4.8% in Nov., Highest since Feb. 2013

By 17 December 2021
Croatia's Annual Inflation Rate Reaches 4.8% in Nov., Highest since Feb. 2013
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ZAGREB, 17 Dec 2021 - Prices of consumer goods and services in Croatia, as measured by the consumer price index, increased by 4.8% in November 2021 compared with November 2020, their highest rise since February 2013, the National Bureau of Statistics (DZS) said on Friday.

Compared with October 2021, consumer prices rose by 0.7%.

The highest year-on-year price increase was observed in transport, of 12.9%. It was largely generated by fuel price increases, of 26.6% on an annual level, reflecting increases in global prices of crude oil.

All other categories also recorded annual price increases. Prices of food rose by 6.0% and those of alcoholic drinks and tobacco by 5.6%.

Compared with October, prices of food and non-alcoholic beverages increased by 1.5% and of clothing and footwear by 1.3%, while prices of recreation and culture fell by 0.02%.

In the year to November 2021, the average annual inflation rate reached 2.3%.

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