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Real Net Wage in Serbia up in January

Figures

Photo by Positiffy/Shutterstock.com

Serbia's average net wage increased by a real 0.8% year-on-year in January amounting to RSD 82,769 (EUR 705), following a 1.9% annual decline in December, data released by the Belgrade-based Serbian Statistical Office(RBS) showed on Friday.

On a monthly comparison basis, the average net wage went down by 3.1% in real terms in January, after rising by 7% in December.

The average gross salaries and wages calculated for January amounted to RSD 114,228 (EUR 972).

Median net salaries amounted to RSD 62,964 (EUR 536), meaning that 50% of employees realized wages and salaries up to the mentioned amount, the statistics agency said. 

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