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Investing.com -- Croatia’s inflation rate accelerated slightly in June, reaching 3.7% year-over-year compared to 3.5% in May, according to the latest data. This figure came in above Erste Bank (VIE:ERST)’s forecast of 3.4%.
On a monthly basis, consumer prices increased by 0.3%. The preliminary breakdown shows widespread upward pressure across most categories. Both food and energy prices rose by 0.3% month-over-month, while service prices jumped 1.0%, partly due to seasonal factors.
Services continue to be the main driver of inflation on an annual basis. The only category showing price relief was industrial goods, which declined by 0.7% month-over-month.
A more detailed breakdown of the inflation data will be available in mid-June, providing more specific insights into price movements across sectors.
Erste Bank noted that following average growth of 3.6% year-over-year in the first half of 2025, they expect demand-side pressures to remain present going forward, while supply-side factors should play a more balanced role. The bank maintains its forecast that Croatia’s average inflation for the full year 2025 will be slightly above 3%.
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