Current Account in Bosnia and Herzegovina
Bosnia and Herzegovina - Current AccountThe 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 - Current Account Data
|Current Account (% of GDP)||-4.9||-4.5||-4.2||-3.6||-3.5|
5 years of economic forecasts for more than 30 economic indicators.
Bosnia and Herzegovina Facts
|Exchange Rate||1.74||-0.65 %||Dec 31|
|Stock Market||0.5||0.0 %||Jan 07|
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