The annual inflation rate in Bosnia and Herzegovina eased for a sixth consecutive month to 7.9% in April 2023 from 10.3% in March, marking the lowest reading since January 2022. Prices rose at a softer pace for food & non-alcoholic beverages (12.8% vs. 19% in March), furniture & furnishings (11.3% vs. 12.1%), recreation & culture (8.9% vs. 9.4%), restaurants & hotels (7.9% vs. 8.6%), and alcoholic beverages & tobacco (5.9% vs. 6%). Meanwhile, costs declined further for clothing & footwear (-6.9% vs. -6.1%) and transport (-5.3% vs -0.9%). On the other hand, inflation accelerated for housing & utilities (14.6% vs. 11.9%) and remained unchanged for health (at 2.9%) and education (at 2.3%). Monthly, consumer prices edged up by 0.1% in April, slowing from a 0.4% advance in the previous period. source: Agency for Statistics of Bosnia and Herzegovina
Inflation Rate in Bosnia and Herzegovina averaged 2.39 percent from 2006 until 2023, reaching an all time high of 17.40 percent in October of 2022 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 June of 2023.
Inflation Rate in Bosnia and Herzegovina is expected to be 7.40 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 2.60 percent in 2024 and 3.80 percent in 2025, according to our econometric models.