Bosnia's Federation net salary down real 4.1% y/y in July

On a monthly comparison basis, the average net monthly salary in the Federation was 0.2% higher in real terms in July, the statistical office said in a statement on Friday.

The average gross salary amounted to 1,735 marka in July, down by a real 4.3% year-on-year and up by a real 0.3% month-on-month.

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

(1 euro = 1.955 marka)