Bosnia's CPI down 0.9% y/y in Nov 2013

By bne IntelliNews January 17, 2014

Bosnia's consumer price index (CPI) fell 0.9% y/y in November 2013, recording the same annual drop as in the previous month on falling food, transport and health costs, the country's statistics office said. In monthly terms, the CPI edged down 0.1% in November after inching up 0.3% in October. The 12-month average inflation ending November was zero, down from 0.4% a month earlier.

Food and non-alcoholic beverages prices deflation deepened to 3.3% y/y in November from 2.7% y/y in October. Health prices contracted 1.9% y/y in November after retreating 2.0% y/y in October. Transport charges dropped for a fourth straight month in November falling by 0.9% y/y, after a 2.0% y/y decline in October.

Alcoholic beverages and tobacco charges rose 6.4% y/y in November, the same as the month before. Clothing and footwear prices stagnated in annual terms in November after declining 2.0% in October.

Bosnia’s CPI inflation averaged 2.1% in 2012, down from 3.7% the year before due to slower food and transport prices growth. It is expected to remain moderate at 1.8% in 2013, reflecting subdued private consumption and IMF-enforced austerity measures under the country's EUR 390mn deal with the fund.

  Dec-11 Dec -12 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13
TOTAL 3.1 1.8 0.4 1.0 0.8 -0.2 -0.5 -0.9 -0.9
Food and beverages 3.6 2.5 1.3 2.1 1.0 0.4 -1.5 -2.7 -3.3
Tobacco and alcoholic beverages   8.9 9.9 6.5 6.5 6.4 6.4 6.2 6.4 6.4
Clothing and footwear -6.6 -6.2 -3.1 -2.8 -2.7 -12.0 -2.4 -2.0 0.0
Housing, water, electricity, gas and other fuels 3.3 1.6 0.6 0.6 0.7 1.2 1.2 0.6 0.2
Household furnishings 1.5 0.4 0.6 0.5 0.5 0.3 0.1 -0.3 0.0
Health -0.7 -0.7 -2.1 -1.6 -1.8 -1.6 -1.8 -2.0 -1.9
Transport 6.9 2.5 -2.4 -0.6 0.1 -2.1 -3.0 -2.0 -0.9
Communications 5.3 1.5 0.2 0.2 0.2 0.3 0.3 0.3 0.3
Recreation and  culture 0.4 0.7 0.8 1.3 1.7 1.4 0.7 0.8 0.7
Education 0.2 0.8 1.8 1.8 1.8 1.8 1.7 0.8 0.8
Restaurants and hotels 2.9 0.5 0.5 0.6 0.6 0.6 0.4 0.3 0.2
Other services and goods 0.3 1.3 0.2 0.1 0.0 0.0 -0.1 -0.1 0.1
Source: Institute of statistics                  
Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

EIF signs guarantee agreements with 11 banks in Western Balkans, unlocking €750mn for small businesses

The European Investment Fund (EIF), part of the EIB Group, said on April 15 that it has signed guarantee agreements with 11 banks and financial intermediaries in the Western Balkans. These ... more

EIB surpasses investment milestone in the Western Balkans by investing €1.2bn in 2023

EIB Global, the financial arm of the European Investment Bank (EIB) for activities beyond the EU, set a new record by investing €1.2bn in the Western Balkans in 2023, the EIB said on February 9. ... ... more

bne IntelliNews Southeast Europe Outlook 2024

This Southeast Europe Outlook 2024 has been prepared by bne IntelliNews as part of a series of annual reviews providing updates on the geopolitical, macroeconomic and commercial state of ... more

Follow Us On

Most Read

  1. Ukraine's birth rate plummets to 300-year low as country’s population collapses
    8 days ago
  2. EU finally boosts defence investment into arms production as Ukraine runs out of ammo
    1 month ago
  3. Fresh evidence suggests that the April 2022 Istanbul peace deal to end the war in Ukraine was stillborn
    8 days ago
  4. Don't mention the "D" word - Ukraine
    5 days ago
  5. Europe unlikely to tackle Russian LNG imports anytime soon
    2 days ago
  1. Russia could pay off its entire external debt tomorrow, in cash
    26 days ago
  2. Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
    30 days ago
  3. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  4. BRICS announce a blockchain-based payment system to create a common currency
    28 days ago
  5. Saudi Arabia to scale back plans for Neom city
    15 days ago

Reports

Dismiss