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Dec 12, 2007 12:03 EEST
December 12 (SeeNews) - Retail prices in Bosnia's Serb Republic rose by 1.4% month-on-month in November and were 5.4% higher than a year earlier, the Serb Republic's Statistics Office said on Wednesday.
In October, retail prices rose by 2.4% month-on-month and were 4.0% higher on the year.
BOSNIA SERB REPUBLIC NOVEMBER RETAIL PRICES (pct change):
NOTES: The cost of living index in the Serb Republic rose by 1.9% on the month in November, after going up by 4.4% in October. The Serb Republic, with a population of 1.5 million, and the Muslim-Croat Federation are the two parts of war-divided Bosnia.
The cost of the consumer basket for a household of four, based on retail prices and including basic foods and drinks, was 540.49 marka ($406/277 euro) in the Serb Republic in November, up from 515.70 marka a month earlier.
The Serb Republic's average net monthly salary fell in October by a real 3.7% month-on-month and was 601 marka, according to the latest available data.
Bosnia operates under a currency board system, with the Bosnian marka pegged to the euro at an exchange rate of 1.95583 marka per euro.
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