BAKU, Azerbaijan, June 2. Based on the available, official statistical data for consumer price indices in BH, and the corresponding weights, the Central Bank of Bosnia and Herzegovina (CBBH) has estimated (link) the annual core inflation for the first four months of 2025, at 4.17 percent, Trend reports.
Data obtained by Trend from the country's central bank shows that the annual growth in average consumer prices in the services sector is estimated at 4.68 percent.
Monthly changes in the level of the headline and estimated core inflation in the services sector are very uniform, indicating that the increase in electricity prices and the minimum wage had an inflationary effect, especially in services.
Due to the smaller sum of weights in core inflation, compared to headline inflation, the change in inflation for the period is less noticeable. The CBBH estimate of core inflation based on official statistical data does not deviate significantly from the Bank's estimate from the March round of the nowcast on core inflation.
Relying on a very limited number of official data, and estimates that the CBBH could not calibrate based on previous experiences, two months ago, the Bank modeled the core inflation for the first four months at only 30 bp below the value the CBBH now estimates based on official statistical data.
