SARAJEVO (Bosnia and Herzegovina), October 20 (SeeNews) – Consumer prices in Bosnia and Herzegovina dropped 1.1% year-on-year in September, after falling by 1.2% a month earlier, the country's statistics office said on Thursday.
The decline reflected a fall in the prices of food and non-alcoholic beverages by 1.5%, clothing and footwear by 8.2%, furniture by 1.4%, transport by 3.6%, communications by 1.0%, and other goods and services by 0.4%, the statistics office said in a statement.
The highest year-on-year increase of consumer prices in September - by 6.3% - was recorded in the category of alcohol and tobacco products.
On a monthly basis, Bosnia's consumer price index (CPI) remained unchanged in September after decreasing by 0.3% in August. The monthly result was influenced by a rise in clothing and footwear prices by 3.7%, housing by 0.3%, health care by 0.1%, transport by 0.2%, communication 0.1% and education with 0.4%.
Lower prices compared to August were recorded in the groups of food and non-alcoholic beverages, furniture, recreation and culture, and other goods and services.
Earlier, Bosnia and Herzegovina reported an average annual deflation of 1% in 2015, following 0.9% deflation in 2014.
The IMF has projected that the country will post an average annual inflation of 1.1% for 2016.
Bosnia and Herzegovina is comprised of two autonomous entities, the Federation and the Serb Republic.