The trade union consumer basket calculated by the Federation of Independent Trade Unions of Bosnia and Herzegovina for the month of May 2024 is BAM 2,950.10.
The average salary paid in the Federation of BiH for the month of March 2024 was 1,335.00 BAM (the latest data published by the Federal Bureau of Statistics).
The minimum wage according to the FBiH Government Decision is 619 BAM. Coverage of the union consumer basket by the average salary is 45.25%. Coverage of the union consumer basket by the minimum wage is 20.98%.
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 itself consists of the following categories (next to the name is the percentage of participation of the individual category in the union consumer basket):
Food – 43.84% Housing and communal services – 13.06% Hygiene and health maintenance – 8.59% Education and culture – 10.85%
Clothing and footwear – 12.20% Transportation – 4.68% Household maintenance – 6.78%
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 (10) items were counted, and for housing and communal services, expenses for six (6) items were counted.
