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Investing.com -- Croatia’s consumer prices increased by 3.5% in May compared to the same month last year, confirming an earlier flash estimate, the country’s statistics office reported Monday.
The restaurants and hotels sector recorded the largest percentage increase at 9%, contributing 0.46 percentage points to the overall inflation rate.
Food and non-alcoholic beverages prices rose by 5.7%, making the biggest impact on overall inflation with a contribution of 1.52 percentage points.
Several other sectors also saw significant price increases. Miscellaneous goods and services went up by 6.2%, while recreation and culture prices increased by 5.8%. Housing, water, electricity, gas, and other fuels rose by 5.6%, and education costs increased by 5.3%.
Not all sectors experienced price growth. Transport prices fell by 1.9%, and clothing and footwear prices decreased by 1.7%.
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