Although some market participants regard the improved sales of luxury goods as a sign of a self-sustaining recovery, I believe that the situation in private consumption still requires careful monitoring. Meanwhile, the decline in housing investment has almost leveled out, as evidenced by, for example, improved sales of newly built condominiums in the Tokyo metropolitan area.
In the end, allow me to say that I am proud that the Central Bank is a fully independent, credible and transparent central bank, presenting the anchor of the country’s macroeconomic stability. For all these years, in the complex reality of Bosnia and Herzegovina, one thing has been certain: the value of convertible mark, expressed in euro, has never been questioned.