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Bosnia's Serb Republic avg net wage up in May

Figures

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The average net monthly wage in Bosnia's Serb Republic increased by a real 1.8% year-on-year in May, reaching BAM 981 (EUR 501.6), the entity's Institute of Statistics (RSIS) said on Tuesday.

On a monthly comparison basis, the net wage added 0.2% in real terms in May. The average gross monthly wage in the Serb Republic amounted to BAM 1,524 in May.

In a separate statement, the Banja Luka-based institute said that the Serb Republic's consumer prices increased by 1.5% year-on-year in May, after rising by 0.6% in April. In annual terms transport process rose the most by 9.7%.

On the other hand, cost for clothing and footwear drop by 7.7%. On a monthly comparison basis, consumer prices edged up 0.2% in May, after growing by 0.7% in April. Another report by RSIS showed that industrial output of Bosnia's Serb Republic grew 19.9% year-on-year in May after jumping 27.2% in April.

On month, industrial production decreased by 4.8% in May, after rising by 4.9% a mont h earlier. The entity's working day-adjusted industrial output decreased by 6.7% in 2020.

The Serb Republic is one of two autonomous entities that form Bosnia and Herzegovina. The other one is the Federation. 

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