By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sarajevo TimesSarajevo TimesSarajevo Times
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Search
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: Citizens of BiH are not raising their Voices because of Price Gouging
Share
Font ResizerAa
Sarajevo TimesSarajevo Times
Font ResizerAa
  • HOME
  • POLITICS
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
  • SPORT
  • ARTS
  • W&N
Search
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Follow US
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2012 Sarajevo Times. All rights reserved.
Sarajevo Times > Blog > BUSINESS > Citizens of BiH are not raising their Voices because of Price Gouging
BUSINESS

Citizens of BiH are not raising their Voices because of Price Gouging

Published: May 2, 2023
Share
SHARE

According to data from the Agency for Statistics of Bosnia and Herzegovina (BiH), the level of prices in March, compared to last year’s March, was higher by 10.3 percent. Food prices rose the most, by 19 percent, while footwear and clothing fell in price by 6.1 percent. Despite this pressure on household budgets, citizens show no will to seriously protest against price gouging.

With an inflation rate of more than 14% and an increase in the prices of almost all products and services for personal consumption, the household budgets of the citizens of BiH are under enormous pressure. The most devastating consequences for citizens’ standards are brought about by a 19% increase in food prices and an almost 12% increase in utility costs. In the annual rate of price increase, the prices of almost all products and services are increasing by a double-digit percentage. How then citizens with BiH salaries and pensions all bear this inflationary blow?

According to statistical data, the average salary in BiH at the beginning of last year was 1043 BAM. Now that salary is 1211 BAM. Due to an inflation rate of over 14%, in other words, this salary increase was eaten up by inflation.

“This is becoming more and more a country of old people, young people are leaving, so they simply don’t see the perspective here anymore, they can’t get a job, they can’t show what they know, their values,” emphasizes the president of the Tuzla Solidarity Trade Union, Sakib Kopic.

If the situation is so bad due to inflation, and we witness this every day in media articles and the reactions of numerous union leaders, the logical question arises why workers and citizens did not use May 1st more decisively to clearly show their disagreement with the price policy in BiH.

The part of BiH citizens with average and below-average salaries, who did not look for a way out by going to Western European countries, is left, as Kopic says, to suffer the consequences of an idealess trade union leadership that does not want to take responsibility for serious trade union action.

Sarajevo Canton also without Gas since Midnight, Fault to be repaired after Dodik support Rally
Republika Srpska plans to install Solar Panels for 50.000 Households
The project “Buroj Ozone” presented at the exhibition in Dubai
Chairman of CoM at the “World Economic Forum” tomorrow in Davos
Seven Companies from FBiH among the largest BH Exporters
Share This Article
Facebook Whatsapp Whatsapp Telegram Threads Bluesky Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Are Local Politicians waiting for the OHR to do their Job?
Next Article The Case of Krivaja: What is happening with the former BiH Giant?
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Stay Connected

10.2KFollowersLike
10.1KFollowersFollow
414FollowersFollow

Latest News

23rd Anniversary of the Opening of the Potocari Memorial Center: An Enduring Reminder of the Genocide
September 20, 2026
The CS MoI thanked the Citizens after the Parade of Police Forces
September 20, 2026
Two Persons arrested over Money Forging in BiH
September 20, 2026
Two Bronze Medals for BiH Karate Athletes at Youth League Tournament in Mexico
September 20, 2026
The Price of Tickets for the Match with Romania is in advance from Tomorrow
September 20, 2026
Bosnia and Herzegovina still has 756 Square Kilometers under Mines
September 20, 2026
Puerto Flamenco Kicks Off Its Tour in Bosnia and Herzegovina with Ovations
September 20, 2026
Arnautovic: Our Citizens Voting Outside BiH Must Be Automatically Registered by the State
September 20, 2026
Srebrenica Memorial Center Presents Good Practices from Bosnia and Herzegovina to Activists from Ukraine
September 20, 2026
CBBiH: Orders worth almost 67.7 Million BAM were settled through Instant Payments
September 20, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?