Consumer prices in Bosnia and Herzegovina rose 10.2 percent year-on-year in March of 2022, following an 8.1 percent rise in the previous month. It was the highest inflation rate on record, as the war in Ukraine lifted costs of transportation (24.5 percent vs 15.4 percent in February), food and non-alcoholic beverages (14.8 percent vs 13.3 percent), and housing and utilities (8.3 percent vs 7 percent), while prices of furnishings and household maintenance were also seen higher (6.3 percent vs 5.1 percent). On a monthly basis, consumer prices went up 2.8 percent, the steepest increase since January of 2006, from 1.5 percent in February. source: Agency for Statistics of Bosnia and Herzegovina
Inflation Rate in Bosnia and Herzegovina averaged 1.58 percent from 2006 until 2022, reaching an all time high of 10.20 percent in March of 2022 and a record low of -2.10 percent in May of 2020. This page provides the latest reported value for - Bosnia and Herzegovina Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Bosnia and Herzegovina Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2022.
Inflation Rate in Bosnia and Herzegovina is expected to be 9.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bosnia and Herzegovina Inflation Rate is projected to trend around 5.20 percent in 2023 and 3.40 percent in 2024, according to our econometric models.