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Bosnia's Serb Republic annual inflation quickens in Sept

Author Annie Tsoneva
Bosnia's Serb Republic annual inflation quickens in Sept Author: Jeff Eaton. Licence: Creatice Commons.

SARAJEVO (Bosnia and Herzegovina), October 22 (SeeNews) - The consumer price index (CPI) of Bosnia's Serb Republic increased by 2.6% in September, after rising by 2.1% in August, the entity's statistical office said on Friday.

On a monthly comparison basis, consumer prices in the Serb Republic were 0.6% higher in September, after an increase of 0.2% in August, the Serb Republic's Institute of Statistics said in a statement.

In annual terms, prices of transport services rose 9.2% in September, following an increase of 16.7% of fuels and lubricants; prices of food and non-alcoholic beverages went up 4.5% due to 23.2% higher prices of oils and fats and 14.6% higher prices of vegetables; prices in the sector of recreation and culture rose 1.8% due to an increase of 10.9% of prices of newspapers and magazines.

The biggest year-on-year drop in consumer prices in September, of 7.8%, was recorded in the clothing and footwear sector.

The Serb Republic's consumer prices fell by 1.2% in 2020, after growing by 0.5% in 2019.

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