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N. Macedonia's real net wage up 11.5% y/y in Mar

May 22, 2024, 1:16:23 PMArticle by Dragana Petrushevska
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May 22 (SeeNews) - The real net wage in North Macedonia rose by 11.5% year-on-year in March, following a 13.1% yearly increase in February, the national statistical office said on Wednesday.

N. Macedonia's real net wage up 11.5% y/y in Mar
Source:pixabay.com

In nominal terms, the average net wage added 16% on the year in March, reaching 40,496 denars ($713.8/658.1 euro), Makstat said in a statement.

The strongest annual wage growth in nominal terms, by 21.3%, was recorded in the public administration and defence and compulsory social security sectors, followed by the education sector with a 20.5% increase.

On a monthly comparison basis, the real net wage in North Macedonia added 2.2% in March.

(1 euro = 61.53 denars)

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