Bosnia’s Federation CPI holds at 0.1% y/y in May 2013

By bne IntelliNews June 18, 2013

Bosnia’s Federation CPI inflation flattened at 0.1% y/y in May 2013, the same as the month before, as rising alcoholic beverages and food charges were offset by falling transport, clothing and health prices, the entity’s statistical office said.

The CPI will likely remain moderate in the near-to-medium term, reflecting subdued household consumption and income amid rising unemployment and falling real wages.

In monthly terms, CPI fell 0.1% in May after stagnating at 0.0% m/m a month earlier.

Alcoholic beverages and tobacco prices recorded the highest annual growth of 6.8% in May, edging up from a 6.7% y/y increase the month before. Food prices inched up 0.9% y/y, slowing from 1.0% y/y in April.

Prices of transport remained in the red, shrinking 2.5% y/y in May for a third straight month. May’s clothing and footwear prices also fell by 7.8% y/y, narrowing from a 9.3% y/y drop in April. Health prices also shrank 4.7% y/y in May, unchanged compared to the month before.

Bosnia’s Federation annual consumer price inflation retreated to 1.6% at end-2012 from 2.9% the year before due mainly to falling clothing and health charges.

Related Articles

Bosnia’s constitutional court allows policemen to keep their beards

The constitutional court of Bosnia & Herzegovina ruled on November 30 that a regulation obliging border policemen to shave their beards violates their ... more

Former Bosnian Croat military leader dies after taking poison in war crimes hearing

A former Bosnian Croat leader who has been sentenced to 20 years in jail by the war crimes tribunal at The Hague is reported to have died after ... more

Bosnia gets €613mn Chinese loan for Tuzla coal-fired power plant expansion

Chinese Exim Bank is to lend Bosnian energy company Elektroprivreda BiH (EPBiH) €613mn to fund the construction of the seventh unit at the Tuzla coal-fired power station, EPBiH said in a statement ... more