Croatia lives the rounding up of prices due to the entry of the euro

It is increasingly difficult to fill the shopping cart in Croatia. With the entry into force of the euro, the single European currency, on January 1, 2023, some businesses have increased prices. On the street, opinions vary and few believe that it is the euro’s fault.

“The law of the market is that of supply and demand, that’s it. Is it written in the law that the price cannot be raised? And now they will cover it with the euro, and it is not the fault of the euro, it is the fault of other things,” says a saleswoman

“Whoever has raised the price, restore it. It’s not right because the prices are a disaster anyway,” says a client

In the face of complaints, the store owners acknowledge that there have been changes, but due to rounding

“We have rounded off prices, something has gone up, something has gone down. Deep down, people still have a hard time dealing with the euro,” says a seller

“We have not raised prices. The usual thing. The conversion does not mean that prices should go up,” says another trader.

The president of the Croatian Chamber of Commerce and Crafts defends a price increase whenever justified.

Dalibor Kratohvil, president of the Croatian Chamber of Commerce and Crafts, points out: “They have valid reasons for raising prices. The other question is whether they have broken the law by rounding up prices, so they are making a mistake there.”

Croatia registered inflation of 13.5% in November (the euro zone registered 10%). Hundreds of state inspectors scour stores and markets across the country looking for abuses in rounding… In 9 days, only 2 fines have been filed.

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