The prices of goods and services for personal consumption measured by the CPI index remained flat YoY, while observing an increase of 0.8% MoM.

The Croatian Bureau of Statistics published the September 2020 CPI index, which increased by 0.8% MoM on average. Meanwhile, on a YoY basis the prices of goods and services for personal consumption remained unchanged on average, while on the annual average they increased by 0.4%.

MoM

When looking at the main groups by purpose of consumption, in September 2020, the highest increase was recorded in the prices of Clothing and footwear, by 19.6% MoM on average. This can mostly be attributed to the new collection of clothing and footwear. The prices of Clothing and footwear (by 1.25%) contributed the most to the increase in the CPI.

Prices in Communication segment, are up by 0.9% on average, prices in Health segment are by 0.5% on average, while the prices of Furnishings, household equipment and routine household maintenance as well as in the prices of Education are by 0.4% (in each group) on average.

On the contrary, the prices of Restaurants and hotels are down by 1.8%, while Recreation and culture on average witnessed a decease in prices of 0.7% each.

YoY

On a YoY basis, alcoholic beverages and tobacco noted the highest increase of 5%. Health recorded and increase of 1.3% YoY, with other medical products observing the highest increase of 6.9%. On the flip side, transport prices decreased by 4.3% on average, the highest decrease among all segments.