November 19 (SeeNews) - Retail prices in Bosnia's Serb Republic rose by 2.4% month-on-month in October and were 4.0% higher than a year earlier, the Serb Republic's Statistics Office said on Monday.
In September, retail prices fell by 0.5% month-on-month and were 2.5% higher on the year.
BOSNIA SERB REPUBLIC OCTOBER RETAIL PRICES (pct change):
|
|
m/m |
y/y |
| TOTAL |
+2.4 |
+4.0 |
| Industrial products |
+2.9 |
+3.8 |
| -Food products |
+3.5 |
+5.1 |
| -Drinks |
+0.3 |
+0.5 |
| -Tobacco |
no change |
no change |
| -Non-foods |
+3.0 |
+3.8 |
| Agricultural products |
+3.2 |
+18.3 |
| Services |
+0.3 |
+2.6 |
NOTES: The cost of living index in the Serb Republic rose by 4.4% on the month in October, after going up by 0.6% in September. 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 515.70 marka ($386/264 euro) in the Serb Republic in October, up from 488.53 marka a month earlier.
The Serb Republic's average net monthly salary rose in September by a real 0.3% month-on-month, reaching 598 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.