Inflation Croatia 2022
Average inflation: 10.7%
Current Inflation
Inflation is very high at 10.7%, far above the ECB target.
Peak and Trough
The highest inflation was in November at 13.5%. The lowest inflation was in January at 5.7%.
- Highest month
- November: 13.5%
- Lowest month
- January: 5.7%
- Difference
- 7.8 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 15.8%. The lowest price increase was in Communication with an average of 0.3%.
- Highest increase
- Food and non-alcoholic beverages: 15.8%
- Lowest increase
- Communication: 0.3%
Historical Context
Current inflation is 7.6% higher than the 5-year average of 3.1%. This approaches the highest level since records began (10.7% in 2022).
- 5-year average
- 3.1%
- 10-year average
- 1.7%
- All-time high (2022)
- 10.7%
- All-time low (2016)
- -1.1%
Trend
Inflation shows an upward trend. Compared to 2021, inflation has risen by +8.1 percentage point.
- Change vs. previous year
- +8.1 percentage points
- Largest monthly swing
- June: +10.1 percentage points
ECB Target
Inflation is 8.7% 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 €110.70 next year at this inflation rate.
Multi-year trend
Monthly figures 2022
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2021 |
|---|---|---|
| January | 5.7% | +6.0 |
| February | 6.3% | +6.0 |
| March | 7.3% | +6.1 |
| April | 9.4% | +7.3 |
| May | 10.8% | +8.7 |
| June | 12.1% | +10.1 |
| July | 12.3% | +9.5 |
| August | 12.3% | +9.2 |
| September | 12.8% | +9.5 |
| October | 13.2% | +9.4 |
| November | 13.5% | +8.7 |
| December | 13.1% | +7.6 |
| Average | 10.7% |
Data source
Data from OECD. Last updated: 11/01/2026.