Producer prices in Bosnia and Herzegovina decreased 0.8 percent year-on-year in November 2019, following a 0.7 percent fall in the previous month. It was the sixth straight month of declines in producer prices, as cost continued to decline for both energy (-0.3 percent, the same as in October) and intermediate goods (-3.1 percent vs -2.7 percent). On the other hand, prices rose faster for non-durable consumer goods (0.7 percent vs 0.5 percent) while inflation was steady for durable consumer goods (at 0.1 percent) and capital goods (at 1.9 percent). On a monthly basis, producer prices went up 1.3 percent, after showing no growth on October. Producer Prices Change in Bosnia And Herzegovina averaged 1.11 percent from 2007 until 2019, reaching an all time high of 12.20 percent in July of 2008 and a record low of -7.10 percent in August of 2009.
Producer Prices Change in Bosnia And Herzegovina is expected to be -0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Bosnia And Herzegovina to stand at 2.40 in 12 months time. In the long-term, the Bosnia And Herzegovina Producer Prices Change is projected to trend around 2.50 percent in 2020, according to our econometric models.