Serbia Real Net Wage Increases in May

Figures

Serbia's average net wage increased by a real 1.2% year-on-year in May, following a 0.3% annual decline in April, the Belgrade-based Central Statistical Office (RBS) said in a statement on Tuesday.

On a monthly comparison basis, the average net wage went up by 2% in real terms in May, after falling by 2.7% in April. In nominal terms, the average net wage totaled RSD 86,220 (EUR 736) in May.

Average gross salaries and calculated for May amounted to RSD 118,992 (EUR 1,015).

Compared to the same month last year, average gross salaries increased by 16.2% in nominal terms.

Median net salaries and wages amounted to RSD 66,244

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