Inflation Croatia 2024
Average inflation: 3.0%
Current Inflation
Inflation is high at 3.0%, well above the ECB target.
Peak and Trough
The highest inflation was in January at 4.1%. The lowest inflation was in September at 1.6%.
- Highest month
- January: 4.1%
- Lowest month
- September: 1.6%
- Difference
- 2.5 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Restaurants and hotels with an average of 10.2%. The lowest price increase was in Housing, water, electricity, gas and other fuels with an average of 0.0%.
- Highest increase
- Restaurants and hotels: 10.2%
- Lowest increase
- Housing, water, electricity, gas and other fuels: 0.0%
Historical Context
Current inflation is 1.9% lower than the 5-year average of 4.9%.
- 5-year average
- 4.9%
- 10-year average
- 2.6%
- All-time high (2022)
- 10.7%
- All-time low (2016)
- -1.1%
Trend
Inflation shows a downward trend. Compared to 2023, inflation has fallen by +5.0 percentage point.
- Change vs. previous year
- -5.0 percentage points
- Largest monthly swing
- January: -8.6 percentage points
ECB Target
Inflation is 1.0% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €103.00 next year at this inflation rate.
Multi-year trend
Monthly figures 2024
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2023 |
|---|---|---|
| January | 4.1% | -8.6 |
| February | 4.1% | -7.9 |
| March | 4.1% | -6.6 |
| April | 3.7% | -5.2 |
| May | 3.3% | -4.6 |
| June | 2.4% | -5.2 |
| July | 2.2% | -5.1 |
| August | 1.8% | -6.0 |
| September | 1.6% | -5.1 |
| October | 2.2% | -3.6 |
| November | 2.8% | -1.9 |
| December | 3.4% | -1.1 |
| Average | 3.0% |
Data source
Data from OECD. Last updated: 10/01/2026.