Annual inflation rate in Bosnia and Herzegovina increased to 0.3 percent in December 2019 from 0.1 percent in the previous month. Prices rose faster for food & non-alcoholic beverages (1.5 percent from 1.3 percent in November); recreation & culture (1.3 percent from 1.2 percent) and miscellaneous goods & services (0.3 percent from 0.2 percent). Meantime, inflation was steady for communication (at 0.1 percent); education (at 0.2 percent) and health (at 0.6 percent) while cost slowed for housing & utilities (0.9 percent from 1.0 percent); alcoholic beverages & tobacco (5.7 percent from 6.0 percent) and restaurant & hotels (1.2 percent from 1.3 percent). Meantime, prices continued to fall for transport (-0.8 percent from -1.9 percent); clothing & footwear (-11.7 percent from -10.4 percent) and furniture & household equipment (-0.3 percent from -0.6 percent). On a monthly basis, went down 0.1 percent, after gaining 0.1 percent in November.
Inflation Rate in Bosnia and Herzegovina averaged 1.61 percent from 2006 until 2019, reaching an all time high of 9.90 percent in July of 2008 and a record low of -1.90 percent in June of 2009. 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.
Inflation Rate in Bosnia and Herzegovina is expected to be 2.00 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 1.50 in 12 months time. In the long-term, the Bosnia and Herzegovina Inflation Rate is projected to trend around 1.40 percent in 2021, according to our econometric models.