BANJA LUKA (Bosnia and Herzegovina), July 25 (SeeNews) – Consumer prices in Bosnia's Serb Republic fell 1.6% on the year in June, at the same pace as in May, the entity's statistics office said.
Month-on-month, the Serb Republic's consumer price index (CPI) fell 0.2% in June after edging up 0.1% in May, the office said in a statement late last week.
On a monthly comparison basis, transport charges grew 0.9%, recreation and culture edged up 0.3%, while health costs and the price of restaurants and hotels increased by 0.1% each. Prices of housing, communications, education, and other goods and services remained unchanged.
At the same time, the price of clothing and footwear fell 1.5%, that of food and non-alcoholic beverages declined 0.8%, and that of furnishings and household equipment slipped 0.6%. Costs for alcoholic beverages and tobacco declined 0.1%.
In 2015, the Serb Republic reported an average annual deflation of 1.4%, following a deflation of 1.2% 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.