Serbian real net wages up in August

MNB

Photo by Positiffy/Shutterstock.com

Serbia’s average net wage increased by a real 7.3% year-on-year in August, following an 10.1% annual rise in July, data from the Serbian Statistical Office (SORS) show.

Photo by Positiffy/Shutterstock.com

In a monthly comparison, the average net wage fell by 1.7% in real terms in August, after growing by 2.8% in July, the Belgrade-based statistics agency said in a statement.

Average gross salaries and wages calculated for August 2019 amounted to RSD 74,768 (EUR 636.4), while average net salaries and wages amounted to RSD 54,115 (EUR 460.6), SORS said.

ADVERTISEMENT

Varga puts 2021 GDP growth at 7-7.5% Analysis

Varga puts 2021 GDP growth at 7-7.5%

Opposition parties to begin PM candidate primaries Elections

Opposition parties to begin PM candidate primaries

New managing director at the helm of Wolt Hungary Appointments

New managing director at the helm of Wolt Hungary

Budapest bike-sharing scheme boasts record ridership City

Budapest bike-sharing scheme boasts record ridership

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.