Inflation rate in Bosnia and Herzegovina came in at 1.8% in November of 2018, the same as in the previous month. Inflation was steady for restaurant & hotels (0.5%, the same as in October) and alcoholic beverages & tobacco (5.9%). At the same time, prices rose faster for housing & utilities (4% from 3.8% in October), namely electricity, gas & other fuels (4.9% from 4.7%) while cost slowed for transport (12.3% from 12.7%), mainly due to prices of transport services (5.9% from 6%); health (2.2% from 2.4%) and recreation & culture (0.9% from 1.1%). On the other hand, prices fell for food & non-alcoholic beverages (-0.1% from 0.1%) and cos continued to decline for clothing & footwear (-10% from -10.4%); furniture & household equipment (-1% from -1.5%) and communication (-0.4%, the same as in October). Inflation Rate in Bosnia and Herzegovina averaged 1.70 percent from 2006 until 2018, reaching an all time high of 9.90 percent in July of 2008 and a record low of -1.90 percent in June of 2009.
Inflation Rate in Bosnia and Herzegovina is expected to be 1.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Bosnia and Herzegovina to stand at 1.90 in 12 months time. In the long-term, the Bosnia and Herzegovina Inflation Rate is projected to trend around 2.00 percent in 2020, according to our econometric models.