After accelerating to 7.5% in 2021, Bosnia and Herzegovina’s real GDP growth is expected to slow to 4.0% in 2022. Inflation, meanwhile, jumped to 16.7% in July 2022 (year-on-year), driven by food and energy prices, creating risks for poverty reduction. . Annual inflation is expected to reach 11 percent in 2022, up from 2 percent in 2021.