Inflation in Bosnia and Herzegovina

Bosnia and Herzegovina Inflation | Economic News & Forecasts

Bosnia and Herzegovina - Inflation

The economic situation turned dire over the last month as the Covid-19 crisis pummeled activity. Merchandise exports declined over 14% year-on-year in March on flagging demand from key European trading partners, with output in the industrial sector consequently sinking in the same month as manufacturing output recoiled. Exacerbating matters, remittance inflows are expected to ebb significantly in the wake of ongoing crises abroad. In late April, the IMF approved a roughly EUR 333 million emergency loan to help the country meet an urgent balance-of-payments need. Moreover, the government of the Bosniak-Croat Federation scaled up its 2020 budget around 11% to BAM 5.5 billion in mid-April to accommodate higher spending in response to the crisis. Reflecting the economic fallout and an expected deterioration in the country’s fiscal metrics, S&P Global Ratings downgraded the outlook of its B credit rating to stable from positive on 30 April.

Bosnia and Herzegovina - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)-1.1  -1.6  0.8  1.4  0.6  

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Note: Inflation, annual variation of consumer price index (CPI) in % (aop).
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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