The inflation rates of energy commodity prices in Croatia began to increase in 2021. Liquid fuels have seen the steepest rise, with the inflation rate peaking at 103.2 percent in May 2022. These increases in inflation were driven further by Russia's invasion of Ukraine, which has caused uncertainty over Europe's security of gas supply, as well as intense energy price volatility. However, since the beginning of 2023, energy commodity prices have shown a decrease in the country.
Harmonized index of consumer prices (HICP) energy inflation rate in Croatia from January 2019 to May 2024, by commodity
According to the source, the Harmonized Indices of Consumer Prices (HICP) measure changes in the prices of consumer goods and services over time. These indices provide comparable measures of inflation.
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Eurostat. (June 18, 2024). Harmonized index of consumer prices (HICP) energy inflation rate in Croatia from January 2019 to May 2024, by commodity [Graph]. In Statista. Retrieved December 10, 2024, from https://www.statista.com/statistics/1329396/croatia-energy-inflation-rate-by-commodity/
Eurostat. "Harmonized index of consumer prices (HICP) energy inflation rate in Croatia from January 2019 to May 2024, by commodity." Chart. June 18, 2024. Statista. Accessed December 10, 2024. https://www.statista.com/statistics/1329396/croatia-energy-inflation-rate-by-commodity/
Eurostat. (2024). Harmonized index of consumer prices (HICP) energy inflation rate in Croatia from January 2019 to May 2024, by commodity. Statista. Statista Inc.. Accessed: December 10, 2024. https://www.statista.com/statistics/1329396/croatia-energy-inflation-rate-by-commodity/
Eurostat. "Harmonized Index of Consumer Prices (Hicp) Energy Inflation Rate in Croatia from January 2019 to May 2024, by Commodity." Statista, Statista Inc., 18 Jun 2024, https://www.statista.com/statistics/1329396/croatia-energy-inflation-rate-by-commodity/
Eurostat, Harmonized index of consumer prices (HICP) energy inflation rate in Croatia from January 2019 to May 2024, by commodity Statista, https://www.statista.com/statistics/1329396/croatia-energy-inflation-rate-by-commodity/ (last visited December 10, 2024)
Harmonized index of consumer prices (HICP) energy inflation rate in Croatia from January 2019 to May 2024, by commodity [Graph], Eurostat, June 18, 2024. [Online]. Available: https://www.statista.com/statistics/1329396/croatia-energy-inflation-rate-by-commodity/