Average inflation measured by CPI reached 1.60 % in 2019 in Bosnia and Herzegovina, according to the National Statistical Office. This is 14.3 % more than in the previous year.
Historically, average inflation measured by CPI in Bosnia and Herzegovina reached an all time high of 4.97 % in 2000 and an all time low of -0.011 % in 2016. When compared to Bosnia and Herzegovina's main peers, average inflation measured by CPI in Croatia amounted to 1.50 %, 1.42 % in Italy, 1.99 % in Montenegro and 2.35 % in Serbia in 2019.
Bosnia and Herzegovina has been ranked 156th within the group of 174 countries we follow in terms of average inflation measured by CPI, 1 places above the position seen 10 years ago.
Inflation as measured by the consumer price index (CPI) reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.