September the 2nd, 2023 – Prime Minister Andrej Plenkovic has stated that he expects Croatian prices to fall, and that unfortunately inflation rose in August for all Eurozone countries.
Prices have been sky high across multiple (if not all) sectors in Croatia for a very significant length of time now. Inflation has had a serious effect on household budgets and the expenses of companies, with some capping measures being introduced by the government in different periods. Are Croatian prices finally set to drop a little? The Prime Minister believes so, and the end of the tourist season has a lot to do with it.
As Poslovni Dnevnik writes, Plenkovic was in Virovitica-Podravina County recently, where 24sata reported that he stated “the government is currently busy preparing an extensive set of measures that we will present during September. Pensioners are one of the target groups being supported by our government. This package will be comprehensive, and we expect people will be satisfied with what we introduce.”
Inflation was present across the Eurozone in August, not only in Croatia
Unfortunately, during the month of August, inflation didn’t only grow here in Croatia, but also in several other member states of the Eurozone. At the Eurozone’s level, the inflation rate currently stands at around 5.3%. The main emphasis has been placed on broad consumption, which, according to many different analyses, was higher, and prices also rose due to the height of the summer tourist season,” explained Plenkovic, adding that by the true end of 2023’s summer tourist season, we can finally realistically expect a drop in Croatian prices.
