Consumer prices in Bosnia and Herzegovina rose 4.3 percent year-on-year in October of 2021, following a 3 percent increase in the previous month. Inflation reached the highest level since November of 2008, boosted by cost of transport (13.5 percent vs 9.2 percent in September); food and non-alcoholic beverages (6.7 percent vs 5.1 percent); housing and utilities (2 percent vs 1.2 percent); and restaurants and hotels (1.8 percent vs 0.4 percent). Meanwhile, inflation stalled for health, communication, and recreation and culture. On the other hand, deflation fastened for clothing and footwear (-8.7 percent vs -7.2 percent). On a monthly basis, consumer prices increased by 2 percent after edging up 0.8 percent in the previous month. source: Agency for Statistics of Bosnia and Herzegovina
Inflation Rate in Bosnia and Herzegovina averaged 1.43 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 November of 2021.
Inflation Rate in Bosnia and Herzegovina is expected to be 3.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bosnia and Herzegovina Inflation Rate is projected to trend around 2.20 percent in 2022 and 1.40 percent in 2023, according to our econometric models.