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Serbia's real net wage grows 0.7% y/y in July

Aug 25, 2017, 1:57:25 PMArticle by Radomir Ralev
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BELGRADE (Serbia), August 25 (SeeNews) – Serbia's average net wages increased by a real 0.7% year-on-year in July following a 2.3% annual growth in June, statistical office data showed on Friday.

Serbia's real net wage grows 0.7% y/y in July
Hirurg/Shutterstock.com

On a monthly comparison basis, the average net wage was 1.9% lower in real terms in July, after rising by 4.3% monthly in June, the data indicated.

In nominal terms, the average net wage was 48,101 dinars ($476/403 euro) in July, up 3.9% on the year, but down 2.3% on the month.

(1 euro = 119.297 dinars)

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