Inflation, consumer prices for Croatia
FPCPITOTLZGHRV • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.97
Year-over-Year Change
-12.90%
Date Range
1/1/1986 - 1/1/2024
Summary
The Inflation, consumer prices for Croatia measures the change in the prices of a basket of consumer goods and services in Croatia. It is a key indicator of inflation and economic conditions in the country.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Inflation, consumer prices for Croatia is a monthly economic indicator that tracks the cost of a fixed basket of consumer goods and services in Croatia. It is used by policymakers, analysts, and economists to assess the overall rate of inflation and cost of living trends in the Croatian economy.
Methodology
The data is collected by the Croatian Bureau of Statistics through surveys of consumer prices.
Historical Context
Monitoring inflation is crucial for monetary and fiscal policy decisions in Croatia.
Key Facts
- Croatia's annual inflation rate was 13.5% as of December 2022.
- The consumer price index in Croatia has increased by over 30% since 2015.
- Energy and food prices are major drivers of inflation in Croatia.
FAQs
Q: What does this economic trend measure?
A: The Inflation, consumer prices for Croatia measures the change in the prices of a basket of consumer goods and services purchased by Croatian households.
Q: Why is this trend relevant for users or analysts?
A: Monitoring inflation is crucial for policymakers and economists to assess the overall cost of living and make informed decisions about monetary and fiscal policies.
Q: How is this data collected or calculated?
A: The data is collected by the Croatian Bureau of Statistics through surveys of consumer prices.
Q: How is this trend used in economic policy?
A: The Inflation, consumer prices for Croatia is used by the Croatian National Bank and government to guide monetary and fiscal policies aimed at maintaining price stability and economic growth.
Q: Are there update delays or limitations?
A: The Inflation, consumer prices for Croatia data is released monthly with a short lag, providing timely information on price trends in the Croatian economy.
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Citation
U.S. Federal Reserve, Inflation, consumer prices for Croatia (FPCPITOTLZGHRV), retrieved from FRED.