Lower Consumer Prices recorded in Bosnia in December

January 20, 2020 2:45 PM

 

Consumer prices in December last year were down 0.4 percent from the previous month, while they were 0.2 percent higher than in December 2018 (annual inflation).

Viewed by section Classifications of personal consumption by purpose, prices increased in the sections: food and non-alcoholic beverages and health by 0.2 percent and transportation and recreation and culture by 0.1 percent.

Prices are lower in sections: clothing and footwear by 6.9 percent, other goods and services by 0.5 percent, housing, water, electricity, gas and other energy products by 0.4 percent and alcoholic beverages and tobacco by 0.1.

In other sections, prices have not changed significantly this month, according to data from the Federal Bureau of Statistics.

The highest annual price increase in November last year was recorded in the section of alcoholic beverages and tobacco 5.7 percent, due to higher prices in the tobacco group of 7.6 percent, then in the recreation and culture sector 2.6 percent, due to higher prices in the group recreation and sports services of 5.8 percent.

Higher prices were recorded in the housing section 1.3 percent, due to the increase in the group of garbage collection services by 9.7 percent, then in the section food and non-alcoholic beverages 1.0 percent, due to higher prices in the group of fruits by 9.4 percent, was stated by BiH’s Agency for Statistics.

The annual price increase of 0.9 percent was recorded in the health sector, in the section restaurants and hotels the increase was 0.7 percent, while in the communication section there was a 0.5 percent increase.

Statistics indicate that of the 12 major product and service divisions, higher annual prices were recorded in seven, lower in four, while prices in one section remained unchanged.

The largest annual fall in prices in November 2019 was recorded in clothing and footwear by 11.6 percent due to seasonal reductions in clothing and footwear during the year, followed by transportation by 1.9 percent, due to lower motor vehicle prices by 4.9 percent.

Also, lower prices were recorded on a yearly basis for furniture, by 0.5 percent and other goods and services by 0.4 percent.

 

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