BANJA LUKA (Bosnia and Herzegovina), September 23 (SeeNews) – Consumer prices in Bosnia's Serb Republic fell 1.3% on the year in August, after dropping 1% in July, the entity's statistics office said.
Month-on-month, the Serb Republic's consumer price index (CPI) fell 0.3% in August after decreasing at the same rate in July, the office said in a statement on Thursday.
On a monthly comparison basis, goods and services charges grew 0.6%, prices in recreation and culture sector were 0.4% higher, housing costs and alcoholic beverages and tobacco edged up 0.2%, each. Prices of transport, communications, education and restaurants and hotels remained unchanged.
At the same time, the price of clothing and footwear was 1.9% lower, the price of food and non-alcoholic beverages fell 0.8%, health care prices fell 0.7%, while the price of furnishings and household equipment edged down 0.2%.
In 2015, the Serb Republic reported an average annual deflation of 1.4%, following 1.2% deflation a year earlier.
The Serb Republic is one of the two autonomous entities that form Bosnia and Herzegovina. The other one is the Muslim-Croat Federation.