Annual inflation rate in Bosnia and Herzegovina stood at 0.8% in May 2019, unchanged from the previous month. Prices slowed mainly for alcoholic beverages & tobacco (3.6% vs 3.9% in April); transport (1.5% vs 2.6%) and health (1.2% vs 1.9%) while continued to rise for food & non-alcoholic beverages (1.6% vs 1.1%); housing & utilities (3.4% vs 2.9%) and recreation & culture (1.3% vs 1.2%). On the other hand, cost fell for clothing & footwear (-10.9% vs -10.5%); miscellaneous goods & services (-0.3% vs -0.9%); furnishings (-0.3% vs -0.4%). On a monthly basis, consumer prices went up 0.2 percent, after decreasing 0.3 percent in the previous month. Inflation Rate in Bosnia and Herzegovina averaged 1.67 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 1.30 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 1.60 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.