Consumer Price Index for Bosnia and Herzegovina
DDOE01BAA086NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
104.00
Year-over-Year Change
20.09%
Date Range
1/1/2004 - 1/1/2017
Summary
The Consumer Price Index (CPI) for Bosnia and Herzegovina measures changes in the prices of a basket of consumer goods and services. It is a key indicator of inflation and helps policymakers assess the health of the Bosnian economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The CPI for Bosnia and Herzegovina tracks the average change in prices paid by consumers for a representative market basket of goods and services. It is used to monitor price stability, guide monetary policy decisions, and adjust wages and social benefits.
Methodology
The Bosnian Statistical Agency collects price data from a sample of retailers and service providers to calculate the CPI.
Historical Context
The CPI is closely watched by the Central Bank of Bosnia and Herzegovina and international institutions like the IMF to evaluate inflationary pressures and the cost of living.
Key Facts
- The CPI base year is 2015.
- Bosnia and Herzegovina's CPI reached a high of 111.58 in June 2022.
- Stable, low inflation is a key economic policy goal for Bosnia and Herzegovina.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Bosnia and Herzegovina measures changes in the prices of a basket of consumer goods and services, providing a gauge of inflation in the country.
Q: Why is this trend relevant for users or analysts?
A: The CPI is a crucial indicator for assessing the cost of living, evaluating monetary policy, and informing economic and social decisions in Bosnia and Herzegovina.
Q: How is this data collected or calculated?
A: The Bosnian Statistical Agency collects price data from a sample of retailers and service providers to calculate the monthly CPI.
Q: How is this trend used in economic policy?
A: The CPI is closely monitored by the Central Bank of Bosnia and Herzegovina and international institutions like the IMF to guide monetary policy and assess inflationary pressures.
Q: Are there update delays or limitations?
A: The CPI for Bosnia and Herzegovina is published monthly with a typical 2-week lag, providing timely data on consumer price trends.
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Citation
U.S. Federal Reserve, Consumer Price Index for Bosnia and Herzegovina (DDOE01BAA086NWDB), retrieved from FRED.