Bosnia Inflation Softens in October

Figures

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Consumer prices in Bosnia and Herzegovina rose by 2.1% on the year in October, following a 4.1% annual increase in September, the Agency for Statistics of BiH (BHAS) said on Monday.

Prices slowed down mostly for food & non-alcoholic beverages (4.9% vs 6.3% in September); furnishings & household equipment (6.9% vs 8.5%); and recreation & culture (5.1% vs 6.3%). Additionally, there were price decreases for important CPI items such as transportation (-5.6% vs -4.8%) clothing & footwear (-7.1% vs -7.2%) and housing & utilities (-2.8% vs 5.1%).

On a monthly comparison basis, consumer prices added 1.0% in October, after rising by 0.6% in September. Separate report from the Sarajevo-based agency showed that industrial production in Bosnia decreased by 2.5% year-on-year in October, marking the biggest drop since June due to a slowdown in the production of energy (2.8% vs 9.9% in September) and capital goods (1.7% vs 11.3%).

On a seasonally adjusted monthly basis, industrial activity dropped by 2.3%, following a 0.9% decline in the prior month. Producer prices for the domestic market edged up 0.4% year-on-year in October, following a flat reading in September. Compared to September, producer prices also rose 0.4%, after a 0.2% gain, the statistics agency of Bosnia said.

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