Croatian consumer prices rise 3.5% in May on the year

(Reuters) -Croatian consumer prices rose 3.5% in May on a yearly basis, confirming an earlier flash estimate, according to data released by the statistics office on Monday, with the restaurants and hotels sector surging 9%, the biggest sectoral increase in May.

Restaurants and hotels contributed 0.46 percentage point to overall consumer price growth, the data showed. Food and non-alcoholic beverages surged 5.7%, the largest contribution to the overall rise at 1.52 percentage points.

Miscellaneous goods and services rose 6.2%, while recreation and culture prices climbed 5.8%.

Housing, water, electricity, gas, and other fuels rose by 5.6%, with prices in education up 5.3%.

Transport and clothing and footwear prices declined by 1.9% and 1.7%, respectively.

Compared with April, consumer prices increased by 0.3% on average.

(Reporting by Antonis Pothitos; Editing by Jan Harvey and Bernadette Baum)

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