Bosnia Inflation Accelerates in December

Figures

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The annual inflation rate in Bosnia and Herzegovina accelerated to 2.2% in December, up from a nearly two-and-a-half year low of 1.7% in November, mainly due to smaller cost reductions in transportation, figures from the Agency for Statistics of BiH (BHAS) on Thursday show.

Prices for food increased 3.6% and the same for health rose by 3.4%. Transport cost went up by 6.2%. Prices for other goods & services grew 8.4% (vs 8.9% in November). Prices for housing & utilities decreased by 01.3%.

On a monthly basis, consumer prices decreased by 0.2%, deepening a 0.1% decline in November.

Another report from the Sarajevo-based statistics agency showed that industrial production in Bosnia and Herzegovina slumped by 8% year-on-year in December, deepening the revised 7.9% drop in November.

On a seasonally adjusted monthly basis, industrial activity went down by 0.8%, following a revised 2.3% fall in November. 

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