Producer prices in Croatia surged by 3.5 percent year-on-year in March of 2021, the largest increase since August of 2018, following a 0.8 percent decline in the previous month. Main upward pressure came from a strong rebound in energy prices (13.5 percent vs -4.9 percent in February), and a faster increase in cost for both durable consumer goods (1.4 percent vs 0.4 percent) and intermediate goods (2.2 percent vs 1.1 percent). Additionally, inflation for capital goods remained the same (1.2 percent), while the prices for non-durable consumer goods continued to decline (-0.5 percent vs -0.3 percent). On a monthly basis, producer prices went up 1.5 percent, marginally above the 1.4 percent recorded in the previous month. source: Croatian Bureau of Statistics
Producer Prices Change in Croatia averaged 0.60 percent from 2009 until 2021, reaching an all time high of 8.20 percent in March of 2011 and a record low of -6.60 percent in May of 2020. This page provides - Croatia Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Croatia Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.
Producer Prices Change in Croatia is expected to be 2.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Croatia to stand at 2.20 in 12 months time. In the long-term, the Croatia Producer Prices Change is projected to trend around 1.50 percent in 2022, according to our econometric models.