Consumption in Bosnia and Herzegovina

Bosnia and Herzegovina Consumption | Economic News & Forecasts

Bosnia and Herzegovina - Consumption

The economy likely lost some steam in the first quarter of this year amid a deteriorating international backdrop at the tail-end of Q1. The pace of output growth in the industrial sector nearly halved in the period. Inflationary pressures built up and reached double-digit territory by March. This will have weighed on household consumption, outweighing the support to spending provided by a drop in the unemployment rate in the period. In addition, merchandise exports growth moderated. Moving to the current quarter, merchandise export growth picked up pace in April, while imports increased at a softer rate. This bodes well for the external sector’s performance. However, greater consumer price pressures bode poorly for household spending; inflation rose to an all-time high in April.

Bosnia and Herzegovina - Consumption Data

2015   2016   2017   2018   2019  
Consumption (annual variation in %)1.8  2.2  1.1  2.3  2.4  

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Note: Private Consumption, annual variation in %.
Source: Agency for Statistics

Bosnia and Herzegovina Facts

Value Change Date
Exchange Rate1.74-0.65 %Dec 31
Stock Market0.50.0 %Jan 07

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