Inflation Croatia 2008
Average inflation: 6.1%
Current Inflation
Inflation is very high at 6.1%, far above the ECB target.
Peak and Trough
The highest inflation was in July at 8.4%. The lowest inflation was in December at 2.9%.
- Highest month
- July: 8.4%
- Lowest month
- December: 2.9%
- Difference
- 5.5 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food and non-alcoholic beverages with an average of 10.0%. The lowest price increase was in Communication with an average of -1.4%.
- Highest increase
- Food and non-alcoholic beverages: 10.0%
- Lowest increase
- Communication: -1.4%
Historical Context
Current inflation is 2.6% higher than the 5-year average of 3.5%. This approaches the highest level since records began (6.1% in 2008).
- 5-year average
- 3.5%
- 10-year average
- 3.3%
- All-time high (2008)
- 6.1%
- All-time low (2002)
- 1.7%
Trend
Inflation shows an upward trend. Compared to 2007, inflation has risen by +3.2 percentage point.
- Change vs. previous year
- +3.2 percentage points
- Largest monthly swing
- July: +6.3 percentage points
ECB Target
Inflation is 4.1% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €106.10 next year at this inflation rate.
Multi-year trend
Monthly figures 2008
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2007 |
|---|---|---|
| January | 6.2% | +4.4 |
| February | 5.8% | +4.6 |
| March | 5.7% | +3.9 |
| April | 5.7% | +3.4 |
| May | 6.4% | +4.2 |
| June | 7.6% | +5.7 |
| July | 8.4% | +6.3 |
| August | 7.4% | +4.8 |
| September | 6.4% | +2.5 |
| October | 5.9% | +1.6 |
| November | 4.7% | +0.1 |
| December | 2.9% | -2.9 |
| Average | 6.1% |
Data source
Data from OECD. Last updated: 10/01/2026.