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Bosnia's Federation avg net salary rises 3% y/y in June

Bosnia's Federation avg net salary rises 3% y/y in June Author: The government of Bosnia's Federation. Licence: All rights reserved.

SARAJEVO (Bosnia and Herzegovina), August 19 (SeeNews) - The average net monthly salary in Bosnia's Federation increased by a real 3% year-on-year to 911 marka ($517.4/465.8 euro) in June, the entity's statistical office said.

On a monthly comparison basis, the average net monthly salary in the Federation dropped by 2.5% in real terms in June, the Federation's statistical office said in a statement on Thursday.

The average gross salary fell by a real 2.6% on the month and rose by 3.1% on the year to 1,400 marka in June.

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

(1 euro = 1.95583 marka)

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