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Bosnia's Federation avg net salary grows 5% y/y in July

Bosnia's Federation avg net salary grows 5% y/y in July Author: Michał Huniewicz Licence: CC by 2.0

SARAJEVO (Bosnia and Herzegovina), September 16 (SeeNews) - The average net monthly salary in Bosnia's Federation increased by a real 4.9% year-on-year to 940 marka ($530.3/480.6 euro) in July, the entity's statistical office said on Monday.

On a monthly comparison basis, the average net monthly salary in the Federation rose by 3.8% in real terms in July, the Federation's statistical office said in a statement.

The average gross salary grew by a real 4% on the month and rose by 5.1% on the year to 1,447 marka in July.

The Federation is one of two autonomous entities that make up Bosnia and Herzegovina. The other one is the Serb Republic.

(1 euro = 1.95583 marka)

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