N. Macedonia's Real Net Wage Drops in September

Figures

Photo by BrankoG / Shutterstock.com

The real net wage in North Macedonia decreased 5% year-on-year in September, after falling 4.7% the previous month, the State Statistical Office (Makstat) in Skopje said on Wednesday.

In nominal terms, the average net wage added 12.8% on the year in September, reaching MKD 32,553 (EUR 529).

The strongest annual wage growth in nominal terms - by 19.1% - was registered in the arts, entertainment, and recreation sector, followed by the accommodation and food services sector with an 18.8% rise.

On a monthly comparison basis, the real net wage in the southeast European country rose by 0.6% in September. 

ADVERTISEMENT

K&H Bank Fined for Irregularities Banking

K&H Bank Fined for Irregularities

MPs Approve Tax Changes Parliament

MPs Approve Tax Changes

Higher Sugar Prices Raising Holiday Candy Costs Retail

Higher Sugar Prices Raising Holiday Candy Costs

Hungarian Tourism in Croatia Returning to Pre-pandemic Level... Tourism

Hungarian Tourism in Croatia Returning to Pre-pandemic Level...

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.