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):
|
|
m/m |
y/y |
| TOTAL |
+1.4 |
+5.4 |
| Industrial products |
+1.5 |
+5.4 |
| -Food products |
+2.3 |
+7.7 |
| -Drinks |
-0.2 |
+0.4 |
| -Tobacco |
no change |
no change |
| -Non-foods |
+1.3 |
+5.2 |
| Agricultural products |
+6.6 |
+21.9 |
| Services |
+0.3 |
+2.9 |
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.