Bosnia's consumer price index (CPI) fell 0.9% y/y in October 2013 after declining 0.5% y/y the month before on falling food, clothing and footwear, transport and health costs, the country's statistics office said. In monthly terms, the CPI edged up 0.3% in October after recording 0.0% m/m growth in September. The 12-month average inflation ending October slowed to 0.4% from 0.7% a month earlier.
Food and non-alcoholic beverages prices deflation deepened to 2.7% y/y in October from 1.5% y/y in September. Clothing and footwear prices fell 2.0% in October after a 2.4% y/y drop in September. Health prices contracted 2.0% y/y in October after retreating 1.8% y/y in September. Transport charges shrank 2.0% y/y in October for a third straight month after declining 3.0% in September likewise pushing the overall index down.
Alcoholic beverages and tobacco charges rose 6.4% y/y in October quickening from a 6.2% y/y growth in September.
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.
|Food and beverages||3.6||2.5||1.3||2.1||1.0||0.4||-1.5||-2.7|
|Tobacco and alcoholic beverages||8.9||9.9||6.5||6.5||6.4||6.4||6.2||6.4|
|Clothing and footwear||-6.6||-6.2||-3.1||-2.8||-2.7||-12.0||-2.4||-2.0|
|Housing, water, electricity, gas and other fuels||3.3||1.6||0.6||0.6||0.7||1.2||1.2||0.6|
|Recreation and culture||0.4||0.7||0.8||1.3||1.7||1.4||0.7||0.8|
|Restaurants and hotels||2.9||0.5||0.5||0.6||0.6||0.6||0.4||0.3|
|Other services and goods||0.3||1.3||0.2||0.1||0.0||0.0||-0.1||-0.1|
|Source: Institute of statistics|
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