Bosnia and Herzegovina Inflation Slows to Four-Month Low

Bosnia and Herzegovina’s annual inflation eased to 4.1% in December, the lowest since August, slowing from 4.4% in November. The slowdown was mainly driven by slower price growth in food and non-alcoholic beverages (5.3% vs. 6.0%) and health (4.7% vs. 5.0%), along with a decline in transport prices (-0.2% vs. 1.4%). In contrast, inflation accelerated in housing and utilities (7.3% vs. 6.6%), recreation and culture (4.9% vs. 4.8%), alcoholic beverages and tobacco (4.1% vs. 3.9%), furnishings and household equipment (2.4% vs. 1.8%), and other goods and services (3.3% vs. 2.9%). Prices for clothing and footwear (-7.8% vs. -8.1%) continued to decline, but at a slower pace. On a monthly basis, consumer prices edged up 0.1% in December, following 0.5% growth in November.

Bosnia and Herzegovina’s annual inflation rate inched up to 4.4% in November 2025 from 4.3% in October, reaching its highest level since July. The uptick was driven mainly by faster price growth in housing and utilities (6.6% vs. 5.2% in October), transport (1.4% vs. 0.0%), recreation and culture (4.8% vs. 4.7%), and other goods and services (2.9% vs. 2.5%). In contrast, inflation eased for food and non-alcoholic beverages (6.0% vs. 6.9%). On a monthly basis, consumer prices rose by 0.5% in November, marking the third consecutive month of increases.

The annual inflation rate in Bosnia and Herzegovina edged up to 4.3% in October 2025 from 4.2% in September. The main upward pressure came from higher prices for housing and utilities (5.2% vs 2.3% in September) and furnishings and household equipment (1.8% vs 1.3%). Meanwhile, price growth eased across several categories, including food and non-alcoholic beverages (6.9% vs 7.8%), alcoholic beverages and tobacco (3.8% vs 3.9%), health (5.5% vs 5.9%), recreation and culture (4.7% vs 4.8%), education (3.3% vs 3.6%), restaurants and hotels (7.8% vs 8.0%), and other goods and services (2.5% vs 3.0%). In addition, prices for clothing and footwear declined further (-8.2% vs -7.5%). Transport costs were unchanged, after falling 0.8% in the previous month. On a monthly basis, consumer prices rose 0.4%, following a 0.2% increase in September.