“There will be continual monitoring by the state, and, I’m confident, by consumer associations as well. Those who fish in troubled waters and possibly increase prices without justification must be exposed,” the minister told reporters during a visit to Split.
Speaking of inflation, he said that global markets had unfortunately started raising gas, electricity and oil prices and that the state could not influence it more significantly except by cutting taxes to alleviate the impact as much as possible after electricity and gas prices go up on 1 April.
“As of 1 April we will do our best so that the electricity and gas price increase is as small as possible,” he said.
The minister also noted that this year’s inflation would be slightly higher than last year’s rate of 2.8%.
Ćorić said that he believed that if the situation on the energy market calmed down, Croatia would not experience the impact of price hikes as experienced by some other EU members.
Asked if inflation would have an impact on this year’s tourist season, Ćorić said that if commodity prices increased by a few percentage points in the first half of the year, a likely rise in energy prices could lead to a rise in prices of services.
“I think it will have an effect (on this year’s booking prices) but I hope that it will be reasonable and that we will not fish in troubled waters because that makes us less competitive,” the minister said.
Asked if the government would cap fuel prices, Ćorić said the government would respond if the prices escalated.