Croatia | Consumer price index (2010 = 100)
Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. Data are period averages. Development relevance: A general and continuing increase in an economy’s price level is called inflation. The increase in the average prices of goods and services in the economy should be distinguished from a change in the relative prices of individual goods and services. Generally accompanying an overall increase in the price level is a change in the structure of relative prices, but it is only the average increase, not the relative price changes, that constitutes inflation. A commonly used measure of inflation is the consumer price index, which measures the prices of a representative basket of goods and services purchased by a typical household. The consumer price index is usually calculated on the basis of periodic surveys of consumer prices. Other price indices are derived implicitly from indexes of current and constant price series. Limitations and exceptions: Consumer price indexes should be interpreted with caution. The definition of a household, the basket of goods, and the geographic (urban or rural) and income group coverage of consumer price surveys can vary widely by country. In addition, weights are derived from household expenditure surveys, which, for budgetary reasons, tend to be conducted infrequently in developing countries, impairing comparability over time. Although useful for measuring consumer price inflation within a country, consumer price indexes are of less value in comparing countries. Statistical concept and methodology: Consumer price indexes are constructed explicitly, using surveys of the cost of a defined basket of consumer goods and services.
Publisher
The World Bank
Origin
Republic of Croatia
Records
63
Source
Croatia | Consumer price index (2010 = 100)
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0.00012054 1985
0.00018081 1986
0.00042189 1987
0.0012054 1988
0.01808099 1989
0.10848597 1990
0.24107993 1991
1.74782948 1992
27.96527166 1993
57.97972271 1994
60.26998203 1995
62.86159125 1996
65.48333547 1997
69.67209922 1998
72.47231756 1999
75.81424481 2000
78.67752326 2001
79.9928418 2002
81.40658554 2003
83.07981389 2004
85.8357194 2005
88.57372942 2006
91.14173228 2007
96.68038654 2008
98.97995705 2009
100 2010
102.27272727 2011
105.76234789 2012
108.10665712 2013
107.87401575 2014
107.37294202 2015
106.16499642 2016
107.36399427 2017
108.9745884 2018
109.81567645 2019
109.98568361 2020
112.79527559 2021
124.95526127 2022
Croatia | Consumer price index (2010 = 100)
Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. Data are period averages. Development relevance: A general and continuing increase in an economy’s price level is called inflation. The increase in the average prices of goods and services in the economy should be distinguished from a change in the relative prices of individual goods and services. Generally accompanying an overall increase in the price level is a change in the structure of relative prices, but it is only the average increase, not the relative price changes, that constitutes inflation. A commonly used measure of inflation is the consumer price index, which measures the prices of a representative basket of goods and services purchased by a typical household. The consumer price index is usually calculated on the basis of periodic surveys of consumer prices. Other price indices are derived implicitly from indexes of current and constant price series. Limitations and exceptions: Consumer price indexes should be interpreted with caution. The definition of a household, the basket of goods, and the geographic (urban or rural) and income group coverage of consumer price surveys can vary widely by country. In addition, weights are derived from household expenditure surveys, which, for budgetary reasons, tend to be conducted infrequently in developing countries, impairing comparability over time. Although useful for measuring consumer price inflation within a country, consumer price indexes are of less value in comparing countries. Statistical concept and methodology: Consumer price indexes are constructed explicitly, using surveys of the cost of a defined basket of consumer goods and services.
Publisher
The World Bank
Origin
Republic of Croatia
Records
63
Source