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Bosnia's Federation industrial PPI down 3.0% y/y in March

Apr 22, 2024, 8:19:54 PMArticle by Annie Tsoneva
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April 22 (SeeNews) - Bosnia's Federation industrial producer prices fell 3.0% on the year in March, after a 2.9% decline in February, the entity's statistical office said.

Bosnia's Federation industrial PPI down 3.0% y/y in March
Elektroprivreda BiH. Photo by Elektroprivreda BiH.

On a monthly comparison basis, the Federation's industrial producer price index (PPI) rose 0.6% in March, following an increase of 0.2% in February, the statistical office said in a monthly report on Friday.

In March, industrial producer prices on the domestic market fell 2.0% on the year and were 1.4% lower month-on-month.

On the non-domestic market, the March’s PPI went down 5.2% year-on-year and increased 1.5% month-on-month.

Bosnia's Federation industrial producer prices rose by an average annual 2.7% in 2023, following an increase of 20.2% in 2022.

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

Details follow (pct change):

March y/y February y/y March m/m February m/m
Total -3.0 -2.9 0.6 0.2
Mining 4.3 2.7 1.5 2.2
Manufacturing -2.7 -3.6 1.7 -0.2
Utilities -11.2 -0.7 -10.6 2.9

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