Croatia’s Inflation Slows to 3.6% in October, Still Among Highest in Eurozone

Croatia’s annual inflation rate eased to 3.6% in October, down from 4.1% the previous month, according to preliminary data from the Croatian Bureau of Statistics (DZS). However, despite the slowdown, Croatia remained among the Eurozone’s most inflation-affected countries, Eurostat reported.

Compared to September, consumer prices in Croatia rose 0.5% month-on-month. The DZS said service prices increased the most on an annual basis — up 6.4% — followed by food, beverages and tobacco at 4.4%, and energy at 3.9%. Prices for non-energy industrial goods dropped slightly by 0.2%.

Across the Eurozone, average inflation stood at 2.1%, with only Estonia (4.5%), Latvia (4.2%), and Austria (4%) recording higher rates than Croatia.