Inflation in Croatia continued to accelerate in October, marking its fourth consecutive monthly increase. According to the preliminary estimate by the Croatian Bureau of Statistics, consumer prices in October 2026 were, on average, 4.9% higher than in the same month last year. Compared with September, prices rose by 0.7%.
Energy recorded the sharpest annual increase, with prices surging by 20.7%. Services followed, rising by 7.5%.
In contrast, price growth for food, beverages and tobacco was much more moderate. Prices in this category increased by just 0.2% year over year, while non-energy industrial goods recorded a 1.1% decline.
Core Inflation Slows Slightly
Total inflation in Croatia, measured by the Harmonised Index of Consumer Prices (HICP), accelerated to 4.4% in October, up from 4.3% in September. The Croatian National Bank (HNB) reported on Wednesday that the increase was driven primarily by faster food-price growth and, to a lesser extent, higher energy prices.
Core inflation, which excludes volatile energy and food prices, eased to 3.2% from 3.3% in September.
According to the HNB, this slowdown was mainly due to slower growth in service prices, while the decline in prices of industrial goods became slightly less pronounced.
Inflation Also Accelerates in the Eurozone
The Croatian National Bank also noted that inflation across the eurozone accelerated to 4.0% in October, compared with 3.8% in September. Energy prices made the largest contribution to the increase, according to the report cited by SeeBiz.
