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: Prices of Products and Services increased by 14 Percent in BiH
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 > Prices of Products and Services increased by 14 Percent in BiH
BUSINESS

Prices of Products and Services increased by 14 Percent in BiH

Published: August 23, 2022
Share
SHARE

According to data from the Statistical Office of the Federation of Bosnia and Herzegovina, inflation is breaking records. Consumer prices in July of the current year compared to the same month last year were higher by 17.6 percent.

In the analysis, the profession clarifies that food has risen in price by 33.8 percent, and electricity, gas and other energy products by 29.7 percent.

According to the data of the Association of Independent Trade Unions of Bosnia and Herzegovina, a family of four must set aside 2,668 marks for the monthly consumer basket. We can safely say that citizens are miraculously surviving and regularly paying utilities and obligations to the state.

Prices of products and services in Bosnia and Herzegovina (BiH) have increased by up to 14 percent in one year, according to the latest official statistics released in April. At the same time, wages remain the same, and the authorities are resorting to selective and populist measures, delaying systemic interventions that could be felt by all citizens.

Five BAM a day. That is the salary due to which the old lady Djurdja risks a communal fine in the amount of her pension of 300 BAM in order for her and her husband, who fell ill, to survive. She is in front of the main Banja Luka post office every day. Any increase in her income can mean a smaller meal.

”What am I going to do, I’m fighting as best I can. What am I going to do here as a single person, I can’t do anything. I wanted us to protest, but no one wants to,”Djurdja Andzic says.

Official data confirm the growth of the cost of living. Average wages in the entities do not cover or barely cover the costs of the average union consumer basket. Officially, prices from April rose by an average of between 11 and 14 percent in a year. Many appeals to limit taxes on energy and basic products, such as a large number of countries, make it easier for domestic decision-makers to find excuses or solutions that are more in their interest.

”You have seen that the Government of Serbia has changed the excise policy and wants to intervene socially,” states Nenad Stevandic, delegate in the Parliamentary Assembly of BiH (PABiH).

”Inflation, which we did not produce, but the big economies, by printing huge amounts of money, do not intend to stop printing,”says Snjezana Novakovic Bursac, delegate in the PABiH.

”I was most surprised by the lack of any action by the authorities to take any credible measures in this regard to protect the standard of citizens,” Mirko Sarovic, delegate in the PABiH, points out.

Elected and appointed officials do not give their own standards even at the cost of symbolic solidarity with the citizens. Benefits, high salaries, severance pay, so-called white bread.

”Most of these initiatives did not have positive support, a positive response in the parliament,” states Jasmin Duvnjak, delegate in the House of Peoples of the Federation of BiH (FBiH) Parliament.

In Djurdja’s world today, it is important to sell some vegetables in order to make ends meet by tomorrow.

”When you’re on the battlefield, a rifle hits you and you’re done, but here, this is a tough war. Here it is mentally blackmailing. You have homemade goods, you can’t sell them. And there is no life,” old lady Djurdja concludes, BHRT writes.

E.Dz.

Over 104 Thousand Company Accounts were blocked in BiH
SPARK calls on Entrepreneurs to present their Ideas
Bosnia records decrease of 10 Percent in Exports
New Investments in Technological Business Park in Banja Luka
BiH Citizens Urged to Boycott Stores until March 7
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 Neum Underwater Festival gathers Audience from all around the World
Next Article Red Cross Youth from BiH, Croatia and Serbia in a Joint Mission
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

Increased Traffic at Border Crossings in Bosnia and Herzegovina
June 8, 2026
BiH and Croatia to sign Agreement on Border Crossings
June 8, 2026
American Firm Offers €250 Million for Sarajevo and Mostar Airports
June 8, 2026
Why the World Is Fascinated by Ilan Tobianah, the Internet’s Most Mysterious Luxury Icon
June 8, 2026
Fake Document Factory dismantled in Spain: around 800 IDs seized
June 8, 2026
Three Men injured in the Shooting in Sarajevo
June 8, 2026
Blanusa is SDS Candidate for President of Republika Srpska
June 7, 2026
Gradiska Faces Loss of Border Crossings if BiH Signs Croatia Agreement Now, ITA Warns
June 7, 2026
EU’s New ‘Non-Paper’ Signals Fresh Approach to Western Balkans
June 7, 2026
Round 99: Disagreements Between Washington and Brussels Over the OHR Are Breaking Across BiH’s Back
June 7, 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?