Annual inflation rate in Bosnia and Herzegovina eased to 0.7 percent in March of 2019, the lowest since January last year, from 0.9 percent in the previous month. Prices rose at a slower pace for food & alcoholic beverages (0.9 percent vs 1.3 percent in February); recreation & culture (1.1 percent vs 1.2 percent); health (2.2 percent vs 2.3 percent) and alcoholic beverages & tobacco (3.7 percent vs 5.0 percent) while cost continued to decline for clothing & footwear (-10.6 percent vs -10.4 percent) and communication (-0.7 percent vs -0.5 percent). On the other hand, housing & utilities inflation was steady (at 2.6 percent) while prices for transport increased faster (2.7 percent vs 2.6 percent). On a monthly basis, consumer prices went up 0.1 percent, following a 0.4 percent rise in February. Inflation Rate in Bosnia and Herzegovina averaged 1.68 percent from 2006 until 2019, reaching an all time high of 9.90 percent in July of 2008 and a record low of -1.90 percent in June of 2009.
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 2.00 in 12 months time. In the long-term, the Bosnia and Herzegovina Inflation Rate is projected to trend around 1.40 percent in 2020, according to our econometric models.