Inflation Croatia 2020
Average inflation: 0.1%
Current Inflation
Inflation is very low at 0.1%, well below the ECB target.
Peak and Trough
The highest inflation was in January at 2.0%. The lowest inflation was in December at -0.7%.
- Highest month
- January: 2.0%
- Lowest month
- December: -0.7%
- Difference
- 2.7 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Alcoholic beverages, tobacco and narcotics with an average of 3.6%. The lowest price increase was in Transport with an average of -4.3%.
- Highest increase
- Alcoholic beverages, tobacco and narcotics: 3.6%
- Lowest increase
- Transport: -4.3%
Historical Context
Current inflation is around the 5-year average of 0.5%.
- 5-year average
- 0.5%
- 10-year average
- 1%
- All-time high (2008)
- 6.1%
- All-time low (2016)
- -1.1%
Trend
Inflation shows a downward trend. Compared to 2019, inflation has fallen by +0.7 percentage point.
- Change vs. previous year
- -0.7 percentage points
- Largest monthly swing
- December: -2.1 percentage points
ECB Target
Inflation is 1.9% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
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 €100.10 next year at this inflation rate.
Multi-year trend
Monthly figures 2020
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2019 |
|---|---|---|
| January | 2.0% | +1.8 |
| February | 1.5% | +1.0 |
| March | 0.6% | -0.3 |
| April | -0.2% | -0.9 |
| May | -0.6% | -1.5 |
| June | -0.2% | -0.8 |
| July | -0.3% | -1.4 |
| August | -0.1% | -0.9 |
| September | 0.0% | -0.8 |
| October | -0.1% | -0.7 |
| November | -0.2% | -0.9 |
| December | -0.7% | -2.1 |
| Average | 0.1% |
Data source
Data from OECD. Last updated: 10/01/2026.