Consumer prices in Bosnia and Herzegovina rose 14.4 percent year-on-year in May of 2022, following a 13.2 percent rise in the previous month. It was the highest inflation rate on record, as the war in Ukraine lifted costs of food and non-alcoholic beverages (22.7 percent vs 20.6 percent in April), housing and utilities (11.3 percent vs 9.9 percent); furnishings and household equipment (8.1 percent vs 6.8 percent); transport (30.3 percent vs 28.9 percent), restaurants and hotels (8.6 percent vs 7.8 percent). On a monthly basis, consumer inflation eased to 1.1 percent from 2.4 percent recorded in the previous month. source: Agency for Statistics of Bosnia and Herzegovina
Inflation Rate in Bosnia and Herzegovina averaged 1.71 percent from 2006 until 2022, reaching an all time high of 14.40 percent in May 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 July of 2022.
Inflation Rate in Bosnia and Herzegovina is expected to be 11.00 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.