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Reading: The Union Consumer Basket in FBiH amounted to almost 3000 BAM!
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Sarajevo Times > Blog > BUSINESS > The Union Consumer Basket in FBiH amounted to almost 3000 BAM!
BUSINESS

The Union Consumer Basket in FBiH amounted to almost 3000 BAM!

Published: May 13, 2023
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The union consumer basket in the Federation of Bosnia and Herzegovina (FBiH) entity calculated by the Confederation of independent trade unions of BiH for the month of April 2023 amounted to 2.916.90 BAM.

The average salary paid in the FBiH for the month of February 2023 was 1.193 BAM (the latest data published by the Federal Bureau of Statistics). The minimum wage according to the FBiH Government Decision is 596 BAM. Coverage of the union consumer basket by the average salary is 40.9 percent. Coverage of the union consumer basket by the minimum wage is 20.4 percent.

When creating the union consumer basket, the average salary paid in the FBiH 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: food (43.76 percent), housing and communal services (13.42 percent), hygiene and health care (8.26 percent), education and culture (10.63 percent), clothing and footwear (12.34 percent), transportation (4.73 percent) and household maintenance (6.86 percent).

In the food category, prices from three shopping centers were used for 86 items. When it comes to hygiene and health care, costs for ten items were counted, and for housing and communal services, costs for six items were included.

E.Dz.

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