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Financial News: Croatia Inflation Eases In May

Croatia Inflation Eases In May

06/16/2017 - 07:14:00 (RTTNews)

(RTTNews) - Croatia's consumer price inflation eased in May after accelerating in the previous month, figures from the Croatian Bureau of Statistics showed Friday.

The consumer price index rose 1.1 percent year-over-year in May, slower than the 1.4 percent climb in April. The measure has been rising since December 2016.

Prices of food and non-alcoholic beverages grew 2.6 annually in May and those of clothing and footwear rose by 1.8 percent. In contrast, utility costs dropped 2.8 percent.

On a monthly basis, consumer prices edged down 0.2 percent from April, when it increased by 0.5 percent.

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