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Sarajevo Times > Blog > BUSINESS > Consumer Basket in BiH amounts to over 2900 BAM
BUSINESS

Consumer Basket in BiH amounts to over 2900 BAM

Published: December 11, 2023
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The trade union consumer basket calculated by the Federation of Independent Trade Unions of Bosnia and Herzegovina for November 2023 is 2,954.80 BAM.

The average salary paid in the Federation of BiH for September 2023 was 1,260 BAM (the latest data published by the Federal Bureau of Statistics). The minimum salary according to the FBiH Government Decision is 596 BAM, so the coverage of the Trade Union Consumer Basket is 42.64 percent with the average salary, and 20.17 percent with the minimum salary.

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 consumer basket consists of the following categories: food – 43.80 percent, housing and communal services – 13.50 percent, hygiene and health maintenance – 8.95 percent, education and culture – 8.79 percent, clothing and footwear – 13.54 percent , transportation – 4.67 percent, household maintenance – 6.77 percent.

In the food category, prices from three (3) shopping centers were used for 86 items. When it comes to hygiene and health maintenance, costs for ten (10) items were counted, and for housing and communal services, costs for six (6) items.

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