Core Viewpoint - The increase in minimum wage in the Republika Srpska of Bosnia and Herzegovina is expected to lead to higher prices for baked goods, including bread, due to increased labor costs [1] Industry Impact - The baking industry association indicates that labor costs constitute a significant portion of total expenses, and the 10% increase in minimum wage will affect the pricing of products [1] - The owner of "Krajina klas," a baking and confectionery company, forecasts that the price of a loaf of bread will rise by approximately 10 feniks due to the increased labor costs [1] Economic Analysis - Economist Milenko Stanic warns that raising the minimum wage will have several negative consequences, including a significant increase in production costs [1] - Export-oriented companies may suffer business losses and market share due to the increased costs, potentially leading to a reduction in the number of employed workers [1] - The wage increase may not provide substantial benefits to workers, as prices are expected to rise concurrently [1]