BUSINESS

Consumer Basket in Bosnia is cheaper by 55 BAM

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The trade union consumer basket calculated by the Federation of Independent Trade Unions of Bosnia and Herzegovina for December 2020 amounts to 1,863.47 BAM and is 55.06 BAM cheaper than the consumer basket for the previous month, Avaz reports. 

The average salary paid in the Federation of BiH for October 2020 was 961 BAM (last data published by the Federal Bureau of Statistics) and is the same amount as it was for the previous month. 

The coverage of the Trade Union Consumer Basket with an average salary is 51.57 percent. 

The consumer basket itself consists of the following categories: food 44.5 percent, housing and communal services 16.7 percent, hygiene and health maintenance 9.4 percent, education and culture 5.9 percent, clothing and footwear 10.7 percent, transportation 7, 4 percent and household maintenance 5.4 percent. 

In the food category, prices from three shopping centers were used for 85 items. 

When it comes to hygiene and maintaining health, the costs are included for 12 items, and for housing and communal services the costs for six items.

In December 2020 as compared to previous month, Producer prices of industrial products for total industry recorded a price level increase by 1,2%, whilst compared to the same month of the previous year they recorded a decrease by 0,3%. 

In December 2020 as compared to a previous month, the producer prices of industrial products recorded a price level increase by 1,6%, whilst as compared to the same month of previous year they recorded a decrease by 0,2%. 

In December 2020 as compared to a previous month, the producer prices of industrial products recorded a price increase by 0,4%, whilst as compared to the same month of previous year they recorded a decrease by 0,4%. 

By divisions of COICOP classification, in December of 2020 as compared to the previous month, the price index increased in divisions of Food and non- alcoholic beverages by 0,1%, Health by 0,1% and Transport by 0,6%. 

By divisions of COICOP classification in December 2020 compared to previous month, the price index decreased in divisions of Alcoholic drinks and Tobacco by 0,4%, Clothing and footwear by 4,3%, Housing and utilities by 0,1%, Furniture and furnishing by 0,7%, Communications by 0,1%, Recreation and Culture by 0,1%, Restaurants and Hotels by 0,1% and Other goods and services by 0,3%, according to BH Agency for Statistics.

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