Inflation accelerates in March from February

Latest reading: Harmonized consumer prices rose 4.6% on a year-on-year basis in March, following a 3.9% rise in the prior month. March's reading was the strongest since February 2025. Relative to the prior month's data, there were higher price pressures for food and non-alcoholic beverages (+3.4% in annual terms vs +3.0% in February), transportation (+5.7% vs +0.4% in February) and housing and utilities (+12.1% vs +10.6% in February). In contrast, price pressures reduced for restaurants and hotels in March (+6.5% vs +7.1% in February). Meanwhile, consumer prices increased 4.8% in March, following a 3.8% increase in the prior month. Finally, harmonized consumer prices rose 1.15% in March on a month-on-month basis, following a 0.30% increase in the previous month.

How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Croatian inflation projections for the next ten years from a panel of 13 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable inflation forecast available for Croatian inflation.

Download one of our sample reports to visualize what a Consensus Forecast is and see our Croatian inflation projections.

Want to get access to the full dataset of Croatian inflation forecasts? Send an email to info@focus-economics.com.