Croatia's annual consumer inflation rate slowed to 3.9% in July 2026 from 4.5% in June, the lowest reading since February and in line with preliminary estimates. The moderation reflected softer price growth for alcoholic beverages and tobacco, health, transport, recreation, sport and culture, and personal care, social protection, and miscellaneous goods and services. Food and non-alcoholic beverages moved into a 0.1% annual decline from 0.8% inflation, while furnishings, household equipment and routine maintenance fell 1.1% after a 0.2% decline. Deflation also deepened for clothing and footwear and for education. Inflation accelerated in housing and utilities, information and communication, and restaurants and accommodation services. On a monthly basis, consumer prices fell 0.2% in July after a 0.4% decline in June.