Consumer prices in Croatia fall 0.6% m/m in July 2013

By bne IntelliNews August 15, 2013

Croatia's CPI fell 0.6% m/m in July as the cost of food, apparel and footwear decreased, statistics office data showed. The CPI had fallen 0.3% in June.

The price of food products fell 1.8% m/m on the back of increased supply of fresh fruits and vegetables. Prices of clothes and footwear also dropped - by 9.6% m/m, pushed down by the seasonal discounts. The prices of alcoholic beverages and tobacco products had an upward effect on the monthly index as they rose by 6.0% m/m, due mainly to a hike in the price of tobacco.

Compared to July 2012, the CPI advanced 2.3% as food prices increased by 4.6% y/y, alcoholic beverages and tobacco - by 12.6% y/y and electricity, gas and other fuels - by 2.6% y/y. The prices of clothing and footwear, on the other hand, posted a 2.1% annual decrease in July.

In the 12 months through July, consumer prices in Croatia rose 3.8% y/y after posting a 3.9% increase in June.

Related Articles

Croatia reportedly receives just one bid to lease capacity at planned LNG terminal

LNG Hrvatska has reportedly received just one binding offer to lease capacity at the planned planned liquefied natural gas (LNG) terminal on the Croatian island of Krk, unnamed sources ... more

London court to consider extradition of Agrokor founder

The owner of Croatia’s heavily indebted food and retail giant Agrokor, Ivica Todoric, will appear in a London court on April 10 in connection with Croatia’s extradition request, Total Croatia ... more

Croatia greenlights €1.8bn debt restructuring of road management companies

The Croatian government decided on March 29 to offer state guarantees for loans worth €1.8bn that road management firms will take out to refinance their debt, and announced further financial ... more

Dismiss