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Bosnia's Serb Republic avg net wage down real 0.5% y/y in May

Author Annie Tsoneva
Bosnia's Serb Republic avg net wage down real 0.5% y/y in May Croatia's Konzum. Photo by Konzum.

SARAJEVO (Bosnia and Herzegovina), June 22 (SeeNews) - The average net monthly wage in Bosnia's Serb Republic fell by a real 0.5% year-on-year in May, reaching 1,105 marka ($597/565 euro), the entity's statistical office said on Wednesday.

On a monthly comparison basis, the net wage was 0.5% lower in real terms in May, the Serb Republic's Institute of Statistics said in a statement.

The average gross monthly wage in the entity amounted to 1,667 marka in May.

The average net monthly wage in the Serb Republic rose by a real 3.2% last year reaching 1,004 marka.

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

(1 euro = 1.955 marka)

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