Croatia's consumer price inflation weakened significantly in May, data released by the Croatian Bureau of Statistics showed Friday.
The consumer price index increased 1.6 percent year-on-year in May, notably slower than April's 3.3 percent gain. In March, the index had moved up 3.7 percent.
Food prices rose 6.5 percent from a year earlier, and housing costs and utility prices moved up 1.1 percent. There was a 4.1 percent fall in transportation costs, and a 4.4 percent decrease in Clothing and footwear expenses.
Sequentially, the consumer price index stayed unchanged in May, after recording a 0.4 percent gain in the previous month, The agency said.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.