Consumer prices in Bosnia and Herzegovina fell 0.5 percent year-on-year in March of 2021, after dropping 1.3 percent in the prior month. It was the smallest decline in prices since last April, due to a softer decline in transport cost (-3.6 percent vs -7.4 percent) and increases in prices of food & non-alcoholic beverages (1.1 percent vs 0.4 percent), education (0.3 percent, the same as in February), restaurants & hotels (0.4 percent, the same as in February), and miscellaneous goods (0.4 percent vs -0.1 percent). Meanwhile, housing & utilities cost was unchanged, following a 0.5 percent drop in February. On a monthly basis, consumer prices went up 0.8 percent, after increasing 0.5 percent in the prior month. source: Bosnia and Herzegovina Agency for Statistics (BHAS)
Inflation Rate in Bosnia and Herzegovina averaged 1.40 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 May of 2021.
Inflation Rate in Bosnia and Herzegovina is expected to be 0.30 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 1.30 in 12 months time. In the long-term, the Bosnia and Herzegovina Inflation Rate is projected to trend around 1.30 percent in 2022 and 1.40 percent in 2023, according to our econometric models.