October 16 (SeeNews) - Retail prices in Bosnia's Serb Republic rose in September by 0.5% month-on-month and were 2.5% higher than a year earlier, the Serb Republic's Statistics Office said on Tuesday.
In August, retail prices rose by 0.3% month-on-month and were 1.6% higher on the year.
BOSNIA SERB REPUBLIC SEPT RETAIL PRICES (pct change):
|
|
m/m |
y/y |
| TOTAL |
+0.5 |
+2.5 |
| Industrial products |
+0.7 |
+2.1 |
| Food products |
+1.9 |
+1.4 |
| Drinks |
+0.3 |
-0.4 |
| Tobacco |
no change |
no change |
| Non-foods |
+0.3 |
+2.7 |
| Agricultural products |
-1.3 |
+14.8 |
| Services |
no change |
+2.2 |
NOTES: The cost of living index in the Serb Republic rose by 0.6% on the month in September, after going up by 0.4% in August. The Serb Republic, population 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 488.53 marka ($355/251 euro) in the Serb Republic in September, up from 484.97 marka a month earlier.
The Serb Republic's average net monthly salary rose in August by a real 2.5% month-on-month, reaching 593 marka, under 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.