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.
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