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                  

Related Articles

Former Bosnian minister wanted in organised crime case now on the run

A Sarajevo court has called for an international arrest warrant to be issued for former Interior Minister Alija Delimustafic, who is understood to be in hiding after being ordered to return to police ... more

Bosnia to expel more than 300 foreign property owners for tax evasion

Bosnia & Herzegovina will expel more than 300 foreigners, mainly from the Gulf, on suspicion of evading taxes on their investment properties, Reuters reported on December 14, quoting the ... more

Bosnian banks face difficulties after EU puts country on blacklist

Commercial banks in Bosnia & Herzegovina have been facing difficulties in cooperating with their foreign counterparts since the country was included by the European Union in a list of ... more

Register here to continue reading this article and 2 more for free or purchase 12 months full website access including the bne Magazine for just $119/year.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

To continue viewing our content you need to complete the registration process.

Please look for an email that was sent to with the subject line "Confirmation bne IntelliNews access". This email will have instructions on how to complete registration process. Please check in your "Junk" folder in case this communication was misdirected in your email system.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

If you have any questions please contact us at sales@intellinews.com

Subscribe to bne IntelliNews website and magazine

Subscribe to bne IntelliNews website and monthly magazine, the leading source of business, economic and financial news and commentary in emerging markets.

Your subscription includes:
  • Full access to the bne content daily news and features on the website
  • Newsletters direct to your mailbox
  • Print and digital subscription to the monthly bne magazine
  • Digital subscription to the weekly bne newspaper

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

bne IntelliNews
$119 per year

All prices are in US dollars net of applicable taxes.

If you have any questions please contact us at sales@intellinews.com

Register for free to read bne IntelliNews Magazine. You'll receive a free digital subscription.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

IntelliNews Pro offers daily news updates delivered to your inbox and in-depth data reports.
Get the emerging markets newswire that financial professionals trust.

"No day starts for my team without IntelliNews Pro" — UBS

Thank-you for requesting an IntelliNews Pro trial. Our team will be in contact with you shortly.

Dismiss