Bosnia’s CPI rises 1.5% y/y in September

Bosnia’s CPI rises 1.5% y/y in September
By bne IntelliNews October 24, 2017

Consumer prices in Bosnia & Herzegovina increased 1.5% y/y in September, improving from a 1% y/y rise in August, the country’s statistics office said on October 24. In m/m terms, the CPI in September moved up 0.5%, following a decline of 0.2% in August.

Consumer prices in the country declined 1.1% in 2016, according to statistics office data. In October, the International Monetary Fund (IMF) forecast that the annual average CPI would reverse to an inflation of 2.3% in 2017.

In September, the prices of alcoholic beverages and tobacco increased the most (+6.2% y/y), followed by transport costs (up 4% y/y) and prices of food and non-alcoholic beverages (up 2.1% y/y).

On the other hand, clothing prices fell by 7.6% y/y.

Through September, CPI increased 1.1% y/y.