Bosnia’s Federation CPI declines 1.3% y/y in Jan 2014

By bne IntelliNews February 28, 2014

Bosnia’s Federation CPI deflation narrowed slightly in January 2014 to 1.3% y/y from 1.4% y/y in December, due to slower decline of clothing and footwear and health costs, the statistics office said in a statement. Falling food and transport charges continued to push the overall index down. In monthly terms, the CPI edged up 0.3% m/m in January, after inching down 0.4% in December.

Food and non-alcoholic beverage prices fell 3.9% y/y in January, recording the same annual drop as in the month before. Clothing and footwear prices declined 1.4% y/y in January, following a 4.3% y/y contraction the month before. Transport prices continued retreating, shrinking 1.2% y/y in January, declining at the same pace as in December. Health prices deflation narrowed to 1.8% y/y in January from 3.5% in December.

Prices of alcoholic beverages, recorded the strongest annual growth in January, rising 5.6% y/y, albeit narrowing from a 6.8% y/y hike the month before.

Consumer prices in Bosnia’s bigger entity have been declining since August 2013 reflecting subdued household consumption amid rising unemployment, falling real wages and cash inflows from abroad. 

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Evolution Equity Partners closes $125mn cybersecurity-focused fund

Evolution Equity Partners announced on 17 July the final closing of a new fund with total capital commitments of $125mn to make investments in cybersecurity and next generation enterprise software ... more

RBI issues €650mn of AT1 hybrid securities

Raiffeisen Bank International (RBI), the second largest bank operating across Central and Eastern Europe by assets, has issued €650mn of perpetual additional Tier 1 capital (AT1). ATI ... more

Bosnia misses out on second tranche of IMF funding and must renegotiate a deal

Bosnia & Herzegovina reportedly has lost its chances to receive a new tranche from the International Monetary Fund (IMF) ... more

Most Read

  1. Erdogan lashes out at Germany, Nato, says "God willing" he'll have Russian missiles soon
    9 hours ago
  2. STOLYPIN: Donbas continues to be as unpredictable as it is unloved
    18 hours ago
  3. EU allows Gazprom to use an additional 40% of OPAL gas pipeline's capacity
    1 day ago
  4. Wildfires hit Croatia and Montenegro’s Adriatic coast
    7 days ago
  5. Tajik president’s 23-year old daughter appointed deputy head of largest Tajik bank
    5 days ago
  1. CHINA RISING: When sleeping giants meet
    14 days ago
  2. Erdogan lashes out at Germany, Nato, says "God willing" he'll have Russian missiles soon
    9 hours ago
  3. Belarus’ retail king Euroopt goes on the road
    20 days ago
  4. STOLYPIN: Russia’s cyber-challenge cuts both ways
    22 days ago
  5. STOLYPIN: Donbas continues to be as unpredictable as it is unloved
    18 hours ago

Selected articles from our premium news/views wire IntelliNews Pro

Login to IntelliNews Pro
Get IntelliNews Pro

Reports

Dismiss