Consumer Basket in FBiH reaches 2,977.80 BAM for July 2024

NEWS 12.08.202411:25 0 komentara
FENA /Arhiva

The Consumer Basket calculated by the Union of Independent Trade Unions of Bosnia and Herzegovina (SSSBiH) for July 2024 amounts to 2,977.80 KM.

The average salary paid in the Federation of Bosnia and Herzegovina for May 2024 was 1,384 BAM, according to the Federal Statistical Office, while the minimum wage set by the FBiH Government is 619 BAM. This means that the average salary covers only 46.48% of the Consumer Basket, and the minimum wage covers just 20.79%.

The calculation of the Consumer Basket considers the average salary in FBiH and the minimum cost of living for a family of four, consisting of two adults and two children—one in high school and the other in primary school. The basket includes the following categories: Food (43.74%), Housing and Utilities (13.30%), Hygiene and Health Maintenance (8.77%), Education and Culture (10.75%), Clothing and Footwear (12.09%), Transportation (4.63%), and Household Maintenance (6.72%).

In the food category, prices from three shopping centers were used for 86 items. The hygiene and health maintenance category includes costs for 10 items, while the housing and utilities category includes costs for six items, according to SSSBiH.

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