11.8 C
London
Tuesday, May 21, 2024
HomeAlbaniaCroatia Adopts New Measures to Control Inflation

Croatia Adopts New Measures to Control Inflation

Date:

Related stories

Kosovo, Serbia Trade Accusations At UN Security Council Meeting

The presidents of Serbia and Kosovo traded accusations on...

Croatian Dalekovod Contracts Jobs in Albania & Slovenia

April the 27th, 2024 – The Croatian Dalekovod company...

Ukraine Says It Repelled Russian Bid to Cross Border

Ukraine says it has repelled a Russian armoured attack...

Is Albania’s Edi Rama the New Erdogan?

Almost a quarter century ago, Recep Tayyip Erdogan visited...
spot_imgspot_img

Croatia’s government adopted on Thursday a set of new measures to help the citizens cope with inflation that has been persistently high since the end of last year.

The package has capped the prices of 30 daily staples, including milk, flour, sugar, bread and sunflower oil.

The new measure will be introduced on Oct. 1 and will remain in force for six months, Prime Minister Andrej Plenkovic said.

A basket of such products cost 100 euros (106.6 U.S. dollars) at the end of last year. The new price would be 76.19 euros, he said.

As part of the new aid package, electricity prices will remain unchanged for the next six months.

“The key message is stability, security and peace for this autumn. I think the citizens and the economy will be satisfied,” Plenkovic said.

Croatia’s inflation rate in August stood at 7.8 percent. The rate had been dropping for seven months in a row. The inflation rate in the country peaked at 13.5 percent last November. 

source

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

spot_img