Average inflation measured by CPI reached 1.50 % in 2019 in Croatia, according to the National Statistical Office. This is 6.25 % less than in the previous year.
Historically, average inflation measured by CPI in Croatia reached an all time high of 15.0 % in 1993 and an all time low of -0.011 % in 2016. When compared to Croatia's main peers, average inflation measured by CPI in Bosnia and Herzegovina amounted to 1.60 %, 1.99 % in Montenegro, 2.35 % in Serbia and 2.03 % in Slovenia in 2019.
Croatia has been ranked 157th within the group of 174 countries we follow in terms of average inflation measured by CPI, 53 places behind the position seen 10 years ago.
Inflation as measured by the consumer price index (CPI) reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.