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Bosnia's Serb Republic real avg net wage rises 2.7% y/y in Oct

Bosnia's Serb Republic real avg net wage rises 2.7% y/y in Oct Gena96/Shutterstock.com

SARAJEVO (Bosnia and Herzegovina), November 22 (SeeNews) - The average net monthly salary in Bosnia's Serb Republic increased by a real 2.7% year-on-year in October, reaching 910 marka ($514.4/465.3 euro), the entity's statistical office said on Friday.

On a monthly comparison basis, the net salary in the Serb Republic decreased by 1.1% in real terms in October, after falling 0.8% a month earlier, the Serb Republic's Institute of Statistics said in a monthly report.

In nominal terms, October's net monthly pay was 2.9% higher year-on-year and 0.1% higher month-on-month. 

The average gross monthly salary in the Serb Republic amounted to 1,412 marka in October.

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

(1 euro = 1.95583 marka)

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