North Macedonia’s real net wage up in May

Figures

Photo by Adriana Iacob / Shutterstock.com

North Macedonia’s real net wages increased by 4.7% year-on-year in May, after growing by an annual 4.3% in April, the Skopje-based State Statistical Office (Makstat) says. 

Photo by Adriana Iacob / Shutterstock.com

In nominal terms, the average net wage in North Macedonia grew by 4.4% on the year in May, reaching MAD 26,390 (EUR 428). The strongest annual wage growth in nominal terms, of 23.7%, was registered in the information and communication sector, followed by the education sector with an annual rise of 12.3% in May.

On a monthly comparison basis, the real net wage increased by 1.8% in May, Makstat said on July 20.

ADVERTISEMENT

Erste Holds Bank Holiday for Commerzbank Portfolio Migration Banking

Erste Holds Bank Holiday for Commerzbank Portfolio Migration

MPs Approve Tax Changes Parliament

MPs Approve Tax Changes

European Shoppers Reveal Holiday Habits  Retail

European Shoppers Reveal Holiday Habits 

Hard Rock Hotel Opens 'Star Chalet' for Winter Season Hotels

Hard Rock Hotel Opens 'Star Chalet' for Winter Season

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.