This report covers the main macroeconomic releases from July 6 to August 5, 2015 as well as the financial and political events that took place in Bosnia during this period. Bosnia plans to apply for EU membership by the end of this year and hopes to get a candidate status in 2017, the central government’s Prime Minister, Denis Zvizdic, said. An IMF mission will visit Bosnia within days to resume talks on possible new agreement, according to the IMF's resident representative in Sarajevo, Ruben Atoyan. Meanwhile, a delegation of UniCredit Group, led by the CEO Federico Ghizzoni, arrived in Bosnia to discuss with representatives of the Muslim-Croat Federation a loan, which would save the entity from financial collapse. Bosnia’s Serb Republic – the smaller of the two entities, plans to call a referendum on the authority of the state-level judiciary institutions. At the same time, Bosnia adopted the 2015-2018 Reform Agenda, required by the European Union (EU) as a step towards the country’s accession process. Key points: • CPI deflation slightly deepened to 0.5% y/y in June from 0.4% y/y in May • The working-day adjusted industrial production rose by 3.5% y/y in June, slowing from a 7.9% y/y growth in May, due to slower expansion of mining and manufacturing sectors • The current account deficit shrank 19.4% y/y to BAM386.9mn (€198mn) in Q1, mainly thanks to higher foreign trade surplus.