BUSINESS

The average Monthly paid off net Earnings recorded Increase in BiH

In March 2021, the average monthly paid off net earning per person in employment in legal entities in Bosnia and Herzegovina amounted to 989 BAM, which represented the nominal increase of 0,2% as compared to December 2020. 

In comparison to March 2020 the average monthly paid off net earnings for March 2021 was nominally by 4,1% higher, BIH Agency for Statistics stated in the press release.

For the first quarter of 2021, the average monthly paid off net earning per person in employment in legal entities in BiH amounted to 973 BAM, and the fourth quarter of 2020 amounted to 972 BAM, which represent that the average monthly paid off net earnings was nominally by 0,2% higher in the first quarter of 2021 as compared to the fourth quarter of 2020. 

The coverage of the Trade Union Consumer Basket with an average salary is 51.57 percent. 

The consumer basket itself consists of the following categories: food 44.5 percent, housing and communal services 16.7 percent, hygiene and health maintenance 9.4 percent, education and culture 5.9 percent, clothing and footwear 10.7 percent, transportation 7, 4 percent and household maintenance 5.4 percent. 

In the food category, prices from three shopping centers were used for 85 items. 

When it comes to hygiene and maintaining health, the costs are included for 12 items, and for housing and communal services the costs for six items.

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