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Reading: Consumer Basket in BiH amounts to almost 1500 Euros
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Sarajevo Times > Blog > BUSINESS > Consumer Basket in BiH amounts to almost 1500 Euros
BUSINESS

Consumer Basket in BiH amounts to almost 1500 Euros

Published: April 12, 2024
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The trade union consumer basket calculated by the Federation of Independent Trade Unions of Bosnia and Herzegovina for the month of March 2024 was 2,917.50 BAM.

According to the latest data published by the Federal Bureau of Statistics, the average salary paid in the Federation of Bosnia and Herzegovina for the month of January was 1,338 BAM, and the minimum salary according to the Decision of the Government of FBiH is 619 BAM, so the coverage of the Union consumer basket by the average salary is 45.86 percent and the minimum wage by 21.22 percent.

When creating the Trade Union Consumer Basket, the average salary paid in the Federation of Bosnia and Herzegovina was taken into account, as well as the minimum living expenses of a four-member family consisting of two adults and two children, one of whom is in high school and the other in elementary school.

The percentages of individual category participation in the union consumer basket are: food 43.72 percent, housing and communal services 13.42 percent, hygiene and health maintenance 8.32 percent, education and culture 10.62 percent, clothing and footwear 12.34 percent, transportation 4.73 percent and household maintenance 6.85 percent.

In the food category, prices from three shopping centers were used for 86 items. When it comes to hygiene and health maintenance, expenses for ten items were counted, and for housing and communal services, expenses for six items, the Federation of Independent Trade Unions of Bosnia and Herzegovina announced.

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