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

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