Bosnia inflation rate soars in May
Consumer prices in Bosnia rose by 1.7% year-on-year in May, after increasing by 0.9% in April, the Agency for Statistics of BiH (BHAS) said on Friday.
Prices for food and non-alcoholic beverages increased by 1.5% on the year in May, cost for alcoholic beverages and tobacco rose by 1.9%, whereas prices of housing, water, electricity, natural gas and other fuels added 1.2%.
In addition, transport prices advanced 10.2%, while cost for clothing and footwear decreased by 8.3% and prices of furnishing and household equipment declined by 0.3%.
On a monthly basis, consumer prices were flat after falling 0.3% in the prior month. In a separate report, the Sarajevo-based statistics agency said that industrial production in Bosnia jumped 15.2% from last year in May of 2021, following a 25.5% surge in the previous month. On a seasonally adjusted monthly basis, industrial production fell 3.7%, after a 1.3% gain in April.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.