Serbian real net wage up in August

Figures

Serbia's average net wage increased by a real 5.9% year-on-year in August, following a 4.4% annual rise in July, the Belgrade-based Central Statistical Office (SORS) said in a statement.

In nominal terms, the average net wage totaled RSD 64,639 (EUR 550) in August.

On a monthly comparison basis, the average net wage went down 1% in real terms in August, after declining by 0.7% in July.

The average gross monthly wage amounted to RSD 89,202 (EUR 759) in August, growing by 10.3% in nominal terms and by 5.8% in real terms relative to the same month last year.

The median net wage in August was RSD 49,933 (EUR 425), meaning that 50% of the employed population received wages up to that amount. 

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