The average net monthly wage in Bosnia edged up 0.9% y/y in nominal terms to BAM 832 (EUR 425) in November 2012 after rising 2.2% y/y in October, the statistics office said in a statement. Yet, according to IntelliNews calculations, net wages in Bosnia have been shrinking in real terms year-on-year ever since October 2010. Gross average monthly salary in the country was BAM 1,300 in November, up 1 % y/y. Bosnias wage growth remains below its pre-crisis level, which reached over 17% y/y at end-2008 for both gross and net wage. High unemployment and increased fiscal consolidation measures under the country's USD 520mn loan deal with the IMF will continue to keep wages down. |
The European Commissions director general for enlargement Stefano Sannino has invited the leaders of Bosnias seven main political parties for consultations in Brussels on March 22 in an attempt ... more
Growth of consumer prices in Bosnias Serb Republic eased to 0.9% y/y in February from 1.5% y/y in January, as the annual decline of clothing and footwear prices widened, the entitys statistics ... more
Bosnias Federation has failed to sell its 67% stake in engineering company Hidrogradnja due to lack of investor interest, the entitys privatisation agency said in a statement. The remaining 33% ... more