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Annual Inflation in EU and Croatia in April Highest in Two and a Half Years

By 19 May 2021
Annual Inflation in EU and Croatia in April Highest in Two and a Half Years
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ZAGREB, 19 May, 2021 - Annual inflation in the European Union in April reached its highest level in nearly two and a half years, and Croatia also followed this trend, according to a report released on Wednesday by the EU statistical office, Eurostat. 

EU annual inflation was 2.0% in April, up from 1.7% in March, and this was its highest level since November 2018. In April 2020, the annual inflation rate was 0.7%.

The euro area annual inflation rate rose by 0.3 percentage points from March to 1.6% in April, its highest level since April 2019. In April 2020, the annual rate was 0.3%.

The highest annual inflation rates were recorded in Hungary (5.2%), Poland (5.1%) and Luxembourg (3.3%), while the lowest rates were registered in Greece (-1.1%), Portugal (-0.1%) and Malta (0.1%). 

In Croatia, annual inflation in April increased by 2.1%, its highest level since August 2018. In March, the annual rate was 1.6%.

The annual inflation rate of 2.1% was also recorded in Germany and Belgium.

For more news about Croatia, CLICK HERE.

 

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