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2018/03/16 / Erste Group Research

HR Short Note, Croatia

February inflation surprises to the downside by landing at 0.8% y/y

February inflation landed at 0.8% y/y, thus showing slight deceleration vs. January release (1.1% y/y). Going forward, we expect gradual inflation pick-up towards 1.5% mark as cost-side pressures continue to play less supportive role, and demand-side pressures remain under control. Comfortable inflation outlook would continue to support ongoing loose monetary policy stance.

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General information

AuthorErste Group Research
Product nameCEE Country Update
Topic in focusFX, Macro/ Fixed income
Economy in focusCroatia
Currency in focusCroatian Kuna
Sector in focus-


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