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N. Macedonia's real net wage up 12.3% y/y in Dec

Feb 22, 2024, 1:14:12 PMArticle by Dragana Petrushevska
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February 22 (SeeNews) - The real net wage in North Macedonia increased by 12.3% year-on-year in December, after rising by 12.7% in November, the national statistical office said on Thursday.

N. Macedonia's real net wage up 12.3% y/y in Dec

In nominal terms, the average net wage added 16.4% on the year in December, reaching 39,998 denars ($704.2/649 euro), Makstat said in a statement.

The strongest annual wage growth in nominal terms - by 27.5% - was registered in the public administration and defence and compulsory social security sectors, followed by the electricity, gas, steam and air conditioning supply sectors with a rise of 27.1%.

On a monthly comparison basis, the real net wage in North Macedonia went up 4% in December.

(1 euro = 61.63 denars)

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