Consumer prices in Bosnia and Herzegovina dropped 1.5 percent from a year earlier in June 2020, easing from a 2.1 percent decline in the previous month. Main downward pressure came from transport (-12.4 percent), clothing & footwear (-10.1 percent) and housing & utilities (-0.7 percent), while prices were unchanged for recreation & culture and miscellaneous goods & services. On the other hand, prices were up for food & non-alcoholic beverages (1.1 percent) and restaurants & hotels (2.3 percent). On a monthly basis, consumer prices edged 0.1 percent higher, the first rise in four months, as the country reopened from a coronavirus-induced lockdown.
Inflation Rate in Bosnia and Herzegovina averaged 1.54 percent from 2006 until 2020, 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 August of 2020.
Inflation Rate in Bosnia and Herzegovina is expected to be -0.50 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 0.90 in 12 months time. In the long-term, the Bosnia and Herzegovina Inflation Rate is projected to trend around 1.10 percent in 2021 and 1.40 percent in 2022, according to our econometric models.