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Bosnia's Federation annual inflation speeds up to 15.1% in May

Author Annie Tsoneva
Bosnia's Federation annual inflation speeds up to 15.1% in May Photo: www.stat.si

SARAJEVO (Bosnia and Herzegovina), June 20 (SeeNews) - The consumer price index (CPI) of Bosnia's Federation rose by 15.1% on the year in May, following an increase of 14.1% in April, the Federation's statistical office said on Monday.

On a monthly comparison basis, the Federation's CPI grew by 0.7% in May, after rising by 3.0% in April, the entity's statistical office said in a monthly report.

The average consumer prices of food and non-alcoholic beverages, which have the biggest weight in the consumer basket, rose 23.2% on the year in May, prices in the sector of housing, water, electricity, gas and other fuels went up by 14.8%, while the transportation costs surged 28.9% compared to May 2021.

The CPI of Bosnia's Federation rose by an average 2.1% last year, after a decline of 0.9% in 2020.

The Federation is one of two autonomous entities that form Bosnia and Herzegovina. The other one is the Serb Republic.

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