The annual inflation rate in Bosnia and Herzegovina accelerated to 2.2% in December 2023, up from a nearly two-and-a-half year low of 1.7% in November, mainly due to smaller cost reductions in transportation (-6.2% vs -8.3%), clothing & footwear (-3.6% vs -7.5%), and housing & utilities (-0.3% vs -1%). There was a faster rise in cost of health (3.4% vs 3.2% in the previous month). On the other hand, prices grew less for other goods & services (8.4% vs 8.9%), restaurants & hotels (7% vs 7.3%), furnishings & household equipment (5.2% vs 5.7%), and food & non-alcoholic beverages (3.4% vs 4.1%). On a monthly basis, consumer prices decreased by 0.2%, deepening a 0.1% decline in November. source: Agency for Statistics of Bosnia and Herzegovina

Inflation Rate in Bosnia and Herzegovina increased to 2.14 percent in December from 1.71 percent in November of 2023. Inflation Rate in Bosnia and Herzegovina averaged 2.39 percent from 2006 until 2023, reaching an all time high of 17.39 percent in October of 2022 and a record low of -5.96 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 February of 2024.

Inflation Rate in Bosnia and Herzegovina increased to 2.14 percent in December from 1.71 percent in November of 2023. Inflation Rate in Bosnia and Herzegovina is expected to be 2.30 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 1.20 percent in 2025 and 1.10 percent in 2026, according to our econometric models.

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Bosnia and Herzegovina Inflation Rate


Calendar GMT Reference Actual Previous Consensus TEForecast
2023-12-26 10:50 AM
Inflation Rate YoY
Nov 1.7% 2.1% 1.8%
2024-01-25 10:00 AM
Inflation Rate YoY
Dec 2.2% 1.7% 2.2%
2024-03-06 10:00 AM
Inflation Rate YoY
Jan 2.2% 2.4%


Related Last Previous Unit Reference
Inflation Rate 2.14 1.71 percent Dec 2023
Consumer Price Index CPI 124.30 124.60 points Dec 2023
Producer Prices Change 0.70 0.60 percent Dec 2023
Inflation Rate MoM -0.20 -0.10 percent Dec 2023
Food Inflation 3.32 4.08 percent Dec 2023
CPI Transportation 125.40 128.20 points Dec 2023
CPI Housing Utilities 132.90 132.80 points Dec 2023

Bosnia and Herzegovina Inflation Rate
In Bosnia and Herzegovina, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods.
Actual Previous Highest Lowest Dates Unit Frequency
2.14 1.71 17.39 -5.96 2006 - 2023 percent Monthly
2010=100, NSA

News Stream
Bosnia and Herzegovina Inflation Accelerates to 2.2%
The annual inflation rate in Bosnia and Herzegovina accelerated to 2.2% in December 2023, up from a nearly two-and-a-half year low of 1.7% in November, mainly due to smaller cost reductions in transportation (-6.2% vs -8.3%), clothing & footwear (-3.6% vs -7.5%), and housing & utilities (-0.3% vs -1%). There was a faster rise in cost of health (3.4% vs 3.2% in the previous month). On the other hand, prices grew less for other goods & services (8.4% vs 8.9%), restaurants & hotels (7% vs 7.3%), furnishings & household equipment (5.2% vs 5.7%), and food & non-alcoholic beverages (3.4% vs 4.1%). On a monthly basis, consumer prices decreased by 0.2%, deepening a 0.1% decline in November.
2024-01-25
Bosnia and Herzegovina Inflation Rate Lowest Since 2021
The annual inflation rate in Bosnia and Herzegovina decelerated to 1.7% in November 2023, down from 2.1% in the prior month. This marked the lowest reading since June 2021, primarily attributed to ongoing cost reductions in transportation (-7.5% vs -5.6%), clothing & footwear (-8.3% vs -7.1%) and housing & utilities (-1% vs -2.8%). There were also softer rises in prices of furnishings & household equipment (5.7% vs 6.9%) and recreation & culture (4.8% vs 5.1%). Meanwhile, food inflation continued to ease, reaching a 27-month low of 4.1% (vs 4.9%). On a monthly basis, consumer prices fell by 0.1%, reversing the 0.1% increase recorded in October.
2023-12-26
Bosnia and Herzegovina Inflation Softens to Over 2-Year Low
The annual inflation rate in Bosnia and Herzegovina fell to 2.1% in October 2023, the lowest since July 2021, down from 4.1% in the prior month. Prices slowed down mostly for food & non-alcoholic beverages (4.9% vs 6.3% in September); furnishings & household equipment (6.9% vs 8.5%); and recreation & culture (5.1% vs 6.3%). Additionally, there were price decreases for important CPI items such as transportation (-5.6% vs -4.8%) clothing & footwear (-7.1% vs -7.2%) and housing & utilities (-2.8% vs 5.1%). On a monthly basis, consumer prices increased by 0.1%, following a 0.6% rise in the prior month.
2023-11-27