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Croatia Adopts New Measures to Control Inflation


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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. 



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