The consumer basket reported by the Federation of Independent Trade Unions of Bosnia and Herzegovina for December 2022 was 2,991.44 BAM.
The average salary in the Federation of BiH for October 2022 was 1,139 BAM, which is the latest data published by the Federal Bureau of Statistics. The minimum wage according to the FBiH Government Decision is 543 BAM.
The coverage of the consumer basket by the average salary is 38.07 percent, and by the minimum salary 18.15 percent.
When analyzing the 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 itself consists of: food – 44.85 percent, housing and communal services – 13.12 percent, hygiene and health maintenance – 8.34 percent, education and culture – 10.36 percent, clothing and footwear – 12.03 percent, transportation – 4.61 percent, and household maintenance – 6.69 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 10 items were included, and for housing and communal services, expenses for six items were included.