Inflation Croatia 2003
Average inflation: 1.8%
Current Inflation
Inflation is low at 1.8%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in March at 2.2%. The lowest inflation was in January at 1.4%.
- Highest month
- March: 2.2%
- Lowest month
- January: 1.4%
- Difference
- 0.8 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Health with an average of 9.0%. The lowest price increase was in Furnishings, household equipment and maintenance with an average of -0.4%.
- Highest increase
- Health: 9.0%
- Lowest increase
- Furnishings, household equipment and maintenance: -0.4%
Historical Context
Current inflation is 1.2% lower than the 5-year average of 3.0%. This approaches the lowest level since records began (1.7% in 2002).
- 5-year average
- 3%
- 10-year average
- 3%
- All-time high (2000)
- 4.6%
- All-time low (2002)
- 1.7%
Trend
Inflation shows a downward trend. Compared to 2002, inflation has fallen by +0.1 percentage point.
- Change vs. previous year
- +0.1 percentage points
- Largest monthly swing
- January: -1.8 percentage points
ECB Target
Inflation is close to the ECB target of 2.0%.
Purchasing Power
At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.
What you could buy for €100 this year will cost approximately €101.80 next year at this inflation rate.
Multi-year trend
Monthly figures 2003
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2002 |
|---|---|---|
| January | 1.4% | -1.8 |
| February | 1.7% | -0.8 |
| March | 2.2% | -0.5 |
| April | 1.6% | 0.0 |
| May | 1.4% | +0.2 |
| June | 1.5% | +0.7 |
| July | 2.0% | +0.5 |
| August | 2.2% | +1.5 |
| September | 1.9% | +1.0 |
| October | 1.8% | +0.2 |
| November | 1.8% | 0.0 |
| December | 1.7% | -0.1 |
| Average | 1.8% |
Data source
Data from OECD. Last updated: 11/01/2026.