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.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
