Croatia among EU countries with highest fall in consumer prices in July

Croatia was among those European Union countries that in July recorded the highest fall in consumer prices on the year, whereas prices rose mildly at the EU level, indicate figures released by Eurostat on Thursday.

In July 2016, the Harmonised Index of Consumer Prices (HICP) in Croatia saw a decrease of 1.1% on the year after it had decreased by 1.2% the previous month, Eurostat reported.

Prices in Croatia slid again on the month by a mild 0.1%. Prices in Croatia in June increased on the month by 0.3%.

In July 2016, negative annual inflation rates were observed in twelve Member States. The lowest annual rates were registered in Bulgaria and Croatia (both -1.1%) followed by Slovakia (-0.9%).

The highest annual rates were recorded in Belgium (2.0%), Sweden (1.1%) and Malta (0.9%).

The annual inflation rate in the European Union was  0.2% in July 2016, up from 0.1% in June. A year earlier the rate was also 0.2%.

Last update: Thu, 18/08/2016 - 15:38

More from Croatia

Interior Ministry dismisses HRW's claims that police are forcing aslyum seekers back to Serbia

The Croatian Ministry of the Interior on Friday dismissed as untruths and insinuations the claims by Human Rights...

French airlines and tour operators expanding their services to Croatia

French low-cost airlines Volotea and Transavia and online travel agency Karavel plan to expand their services to...

EUR 7 mln grant ensured for reconstruction of Osijek fortress

An agreement was signed on Friday in Osijek for a 7 million euro (about HRK 52 million) from the Europe Union for a...

Ukrainian president sees Croatia as trustworthy partner

Croatia is a trustworthy partner of Ukraine and we find Croatia's experience valuable in our struggle for...

HNiP urges probe into possible involvement of aggressors, secret services in Croatian media

The association called Croatian Journalists and Publicists (HNiP) on Friday expressed concern about developments on...