BOSNIA'S MONTHLY INFLATION DROPS TO 0.1%

SARAJEVO, Bosnia (August 22,2008) - Maida Hasanbegovic, Deputy Director of the Bosnian State Agency for Statistics said monthly inflation in July amounted to 0.1%.

Annual inflation in Bosnia in July amounted to 9.9%. At an annual level, the prices of transport increased most – as much as 19%, as well as food and non-alcoholic beverages – 15.8%. Annual inflation in eurozone in July amounted to 4%, while in the EU it was 4.4%. The highest inflation was registered in Latvia – 16.5% and the lowest one in the Netherlands – 3% and in Portugal – 3.1%,said the Bosnian State Agency for Statistics.

The prices of transport rose most – 1.3%, and the restaurants and hotels increased their prices 1.1%. The prices of housing, water, electricity, gas and other energy derivatives were up 0.5%, the prices of furniture, house appliances and house maintenance as well as alcoholic beverages were up 0.4%, and the prices of tobacco and education rose 0.2%.

The price increase was largely influenced by 2%price increase of petrol and 3.2% town-transport. Prices of food and non-alcoholic beverages in July fell slightly – 0.8%.
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