Financial News: Croatia Inflation Accelerates As Estimated In May

Croatia Inflation Accelerates As Estimated In May

06/16/2025 - 10:37:00 (RTTNews)

(RTTNews) - Consumer price inflation in Croatia climbed to a three-month high in May as initially estimated, led by higher costs of food, services and utilities, latest figures from the statistical office showed on Monday.

The consumer price index rose 3.5 percent year-on-year following a 3.2 percent increase in each of the previous two months, data from the Croatian Bureau of Statistics revealed.

Headline inflation was unrevised from its <a href=https://www.rttnews.com/3543972/croatia-inflation-accelerates-to-3-5-in-may.aspx?refresh=1 target=_blank >initial estimates released on June 3</a>. Inflation accelerated for the first time in four months and was the highest since January when it was 4.0 percent.

In May, the biggest increases in prices were recorded in categories such as restaurants and hotels, miscellaneous goods and services, recreation and culture, food and non-alcoholic beverages, housing, water, electricity, gas and other fuels, education and health.

Services costs grew 6.2 percent from the same month last year. Prices in the food, beverages and tobacco group were 5.1 percent higher. Energy prices rose 1.5 percent and prices of non-food industrial goods except energy edged up 0.1 percent.

Core inflation, which excludes fresh food and energy, was 3.6 percent in May.

The CPI rose 0.3 percent from April, slightly less than the 0.4 percent reported on June 3. Prices increased 0.6 percent in April. Among the main components, energy prices decreased 1.2 percent from the previous month.

The harmonized index of consumer prices rose 4.3 percent year-on-year following a 4.0 percent increase in April. The HICP climbed 0.5 percent month-on-month, which was a tad slower than the 0.6 percent reported earlier, after a 0.7 percent gain in the previous month.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Twenty-Year Bond Auction Attracts Above Average Demand (02 hr(s), 31 min(s), 05 sec(s) ago)
(RTTNews) - The Treasury Department on Monday announced the results of this month's auction of ...Full Story»

Croatia Inflation Accelerates As Estimated In May (05 hr(s), 0 min(s),05 sec(s) ago)
(RTTNews) - Consumer price inflation in Croatia climbed to a three-month high in May as initially ...Full Story»

Turkey Retail Sales Growth Accelerates In April (05 hr(s), 55 min(s), 05 sec(s) ago)
(RTTNews) - Turkey's retail sales growth rebounded in April, the Turkish Statistical Institute ...Full Story»

New York Manufacturing Index Unexpectedly Slides Further Into Negative Territory (06 hr(s), 09 min(s), 05 sec(s) ago)
(RTTNews) - According to a report released by the Federal Reserve Bank of New York on Monday, New ...Full Story»

Bulgaria Inflation Rises To 3.7% (06 hr(s), 14 min(s), 05 sec(s) ago)
(RTTNews) - Bulgaria's consumer price inflation increased somewhat in May after easing in Apri ...Full Story»

Eurozone Labor Cost Growth Eases In Q1 (06 hr(s), 44 min(s), 05 sec(s) ago)
(RTTNews) - The euro area hourly labor cost increased at a slower pace in the first quarter of 202 ...Full Story»

New York Manufacturing Index Unexpectedly Drops To -16.0 In June (07 hr(s), 0 min(s),05 sec(s) ago)
(RTTNews) - According to a report released by the Federal Reserve Bank of New York on Monday, New ...Full Story»

China Industrial Output Growth Eases To 5.8% (09 hr(s), 0 min(s),05 sec(s) ago)
(RTTNews) - China's industrial production expanded at a slightly slower pace in May, the Natio ...Full Story»