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Bosnia's Serb Republic annual inflation slows in June

Bosnia's Serb Republic annual inflation slows in June tanatat/Shutterstock.com

BANJA LUKA (Bosnia and Herzegovina), July 22 (SeeNews) – Consumer price inflation in Bosnia's Serb Republic slowed to 0.3% year-on-year in June, from 0.6% in the previous month, the entity's statistical office said on Monday.

On a monthly comparison basis, consumer prices in the Serb Republic fell by 0.6% in June, after growing 0.1% in May, the Serb Republic's Institute of Statistics said in a statement.

Prices of alcoholic beverages and tobacco in the entity rose 3.2% year-on-year, prices of food and non-alcoholic beverages were 0.8% higher, while prices of transport edged down 0.2%. Prices in the sector of housing, water, electricity, gas and other fuels added 3.7%.

The biggest year-on-year drop in consumer prices in May was recorded in the clothing and footwear sector, of 13%.

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

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