ZAGREB, 15 June 2022 - Croatia's prices of goods and services for personal consumption, measured by the consumer price index, this May accelerated to 10.8% compared to May 2021, according to the data released by the national statistical office (DZS) on Wednesday.
In April, the inflation rate reached 9.4% year on year. This was a record high since July 2008 when its rate was 8.4%.
"Observing the main divisions of the ECOICOP classification, at the annual level, the highest increase on average in consumer prices was recorded in the following divisions: Transport, of 19.0%, Food and non-alcoholic beverages, of 15.2%, Restaurants and hotels, of 12.1%, Furnishings, household equipment and routine household maintenance, of 11.7%, Housing, water, electricity, gas and other fuels, of 9.2%, Clothing and footwear, of 8.9%, Recreation and culture, of 6.6%, and Miscellaneous goods and services, of 6.2%," says the DZS.
"The largest contribution to the growth rate of the annual index came from the following divisions: Food and non-alcoholic beverages (+3.94 percentage points), Transport (+2.80 percentage points), Housing, water, electricity, gas and other fuels (+1.55 percentage points) and Clothing and footwear (+0.52 percentage points)."
Month on month, May's inflation rises at 1.4% rate
At the monthly level, the highest increase on average in consumer prices was recorded in the divisions Transport, of 3.0% (contribution to the growth of +0.44 percentage points, due to higher prices of fuels and lubricants for personal transport equipment), Food and non-alcoholic beverages, of 2.1% (+0.54 percentage points), Furnishings, household equipment and routine household maintenance, of 1.5% (+0.09 percentage points), Recreation and culture, of 1.4% (+0.07 percentage points), Clothing and footwear and Restaurants and hotels, of 1.1% in each group (Clothing and footwear, +0.06 percentage points, and Restaurants and hotels, +0.05 percentage points), Miscellaneous goods and services, of 0.8% (+0.05 percentage points) and Housing, water, electricity, gas and other fuels, of 0.5% (+0.08 percentage points).
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