Croatia's Annual Inflation Rises to 4.2% in September 2025, Among Eurozone's Highest

Inflation Overview for September 2025

Croatia's annual inflation rate saw an increase to 4.2 percent in September 2025, up from 4.1 percent recorded in August. This preliminary data was released by the Croatian Bureau of Statistics (DZS) on October 1, 2025. The rise in consumer prices positions Croatia as one of the Eurozone members experiencing significant price growth.

When measured by the Harmonised Index of Consumer Prices (HICP), which allows for comparison across the European Union, Croatia's annual inflation rate stood at 4.6 percent in September 2025. This rate remained unchanged from the previous month and places Croatia as the Eurozone country with the second-highest price growth, a position it shares with Slovakia.

Eurozone Context

The average annual inflation rate for the Eurozone in September 2025 was considerably lower at 2.2 percent, an increase from 2.0 percent in August. Estonia recorded the highest inflation rate among Eurozone countries, reaching 5.2 percent (HICP) in September 2025.

Key Contributors to Price Growth

The increase in Croatia's inflation rate in September 2025 was driven by several key sectors. According to the DZS flash estimate, significant year-on-year price increases were observed in:

• Services: 6.0 percent
• Food, beverages, and tobacco: 5.6 percent
• Energy prices: 4.5 percent
• Non-food industrial goods excluding energy: 0.5 percent

On a monthly basis, Croatia's consumer price index (CPI) rose by 0.4 percent in September 2025, following a 0.1 percent increase in August.

Upcoming Data Release

The Croatian Bureau of Statistics is scheduled to release the final inflation data for September 2025 on October 15, which will provide a more detailed breakdown of price trends across various economic sectors.