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HNB: Exceptionally high pay growth contributing to faster price increases

Author: Roberta Mlinarić

ZAGREB, 20 Feb (Hina) - The recent faster rise in consumer prices in Croatia versus the euro area average mainly stems from strong domestic demand for goods and services, driven by exceptionally high nominal and real pay growth, especially in the public but also in the private sector, according to the central bank.

(Hina) rml

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