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N. Macedonia's real net wage up 13.1% y/y in Feb

Apr 23, 2024, 1:18:47 PMArticle by Dragana Petrushevska
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April 23 (SeeNews) - The real net wage in North Macedonia rose by 13.1% year-on-year in February, following a 12.9% yearly increase in January, the national statistical office said on Tuesday.

N. Macedonia's real net wage up 13.1% y/y in Feb

In nominal terms, the average net wage added 16.5% on the year in February, reaching 39,276 denars ($680.3/638 euro), Makstat said in a statement.

The strongest annual wage growth in nominal terms, by 24.9%, was recorded in the public administration and defence and compulsory social security sectors, followed by the administrative and support activities with a 22.5% increase.

On a monthly comparison basis, the real net wage in North Macedonia decreased 1.1% in February.

(1 euro = 61.56 denars)

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