Consumer prices in Bosnia and Herzegovina decreased by 1.3 percent year-on-year in February of 2021, easing from a 1.7 percent fall in the prior month. It was the eleventh consecutive month of declines in consumer prices but the softest since August last year, as cost dropped less for transport (-7.4 percent vs -9.4 percent in January); housing & utilities (-0.5 percent vs -1 percent); and furniture & household goods (-1.2 percent vs -1.4 percent). On the other hand, prices fell faster for clothing & footwear (-11.5 percent vs -10.9 percent). Meantime, prices increased for food & non-alcoholic beverages (0.4 percent vs 0.1 percent); restaurant & hotels (0.4 percent vs 0.6 percent) and health (0.8 percent vs 0.9). On a monthly basis, consumer prices went up 0.5 percent, after increasing 0.4 percent in the prior month. source: Bosnia and Herzegovina Agency for Statistics (BHAS)
Inflation Rate in Bosnia and Herzegovina averaged 1.41 percent from 2006 until 2021, reaching an all time high of 9.90 percent in July of 2008 and a record low of -2.10 percent in May of 2020. This page provides the latest reported value for - Bosnia and Herzegovina Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Bosnia and Herzegovina Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.
Inflation Rate in Bosnia and Herzegovina is expected to be -1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Bosnia and Herzegovina to stand at 1.20 in 12 months time. In the long-term, the Bosnia and Herzegovina Inflation Rate is projected to trend around 1.30 percent in 2022 and 1.40 percent in 2023, according to our econometric models.