Producer prices in Bosnia and Herzegovina edged down 0.1 percent year-on-year in July of 2019, following a 0.2 percent fall in the previous month. It was the second straight month of declines in producer prices, as cost continued to decrease for intermediate goods (-2.6 percent from -1.3 percent in June). Meantime, prices slowed for both non-durable consumer goods (0.8 percent from 1.1 percent) and capital goods (1.9 percent from 2.4 percent). On the other hand, prices rebounded for energy (1 percent from -0.2 percent). On a monthly basis, producer prices went up 0.2 percent, recovering from a 1 percent drop in June. Producer Prices Change in Bosnia And Herzegovina averaged 1.16 percent from 2007 until 2019, reaching an all time high of 12.20 percent in July of 2008 and a record low of -7.10 percent in August of 2009.
Producer Prices Change 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 Producer Prices Change in Bosnia And Herzegovina to stand at 2.50 in 12 months time. In the long-term, the Bosnia And Herzegovina Producer Prices Change is projected to trend around 2.50 percent in 2020, according to our econometric models.