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Consumer prices increase slightly in October after 8 months

Author: rmli
ZAGREB, Nov 14 (Hina) - Consumer prices in Croatia in October 2014 went up 0.4% on the year after going down for eight consecutive months, but they are expected to continue to be affected by weak domestic demand.

According to data from the Central Bureau of Statistics (DZS), prices of goods and services for personal consumption, measured by the Consumer Price Index, were 0.1% up on average from September, and 0.4% up from September 2013.

The increase in consumer prices is in line with forecasts by five macroeconomists polled by Hina, whose estimates of consumer price movements had ranged from a 0.1% decline to a 0.1% increase.

Prices of housing, water, energy, natural gas and other energy products went up the most, by 4.2%, followed by prices of leisure, which increased 3.5%.

Prices of footwear and clothing went down the most, by 4%, followed by prices of food and nonalcoholic drinks, which dropped by 1.8%.

(Hina) rml

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