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Net monthly salary in Serbia falls by real 1.3% y/y in Nov – table

Dec 25, 2012, 1:47:54 PMArticle by Djordje Daskalovic
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BELGRADE (Serbia), December 25 (SeeNews) – The average net monthly salary in Serbia fell by 1.3% year-on-year in real terms to 42,395 dinars ($496.3/373.8 euro) in November, data of the country's statistics office showed on Tuesday.

Net monthly salary in Serbia falls by real 1.3% y/y in Nov – table

On a monthly basis, Serbia’s net average salary was 2.0% higher than in October in real terms, data from the statistics office showed.

The average net salary for the first ten months grew 2.2% year-on-year in real terms.

In October, the average net monthly salary was 3.5% lower on the year and 0.4% higher compared to the previous month in real terms.

Details follow (pct change in real terms):

Nov’12 Oct’12 Nov’11
net salary (dinars) 42,395 41,558 38,363
m/m pct change 2.0 0.4 -0.4
y/y pct change -1.3 -3.5 3.1
gross salary (dinars) 58,914 57,773 53,239
m/m pct change 2.0 0.5 -0.3
y/y pct change -1.1 -3.5 2.9

(1 euro=113.4251 Serbian dinars)

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