Serbian January average net monthly wage up 7.6 pct y-o-y in real terms

BELGRADE - The Serbian January average net monthly wage was 118,429 dinars, up by 10.2 pct in nominal terms and by 7.6 pct in real terms, according to figures released by the national statistical office RZS.

The January average gross wage was 163,385 dinars, up by 10.1 pct in nominal terms and by 7.5 pct in real terms.

M-o-m, the January average gross wage was down by 3.8 pct in nominal terms and by 4.1 pct in real terms, while the average net wage was down by 4.6 pct in nominal terms and by 4.9 pct in real terms.

The median net wage in January was 92,671 dinars, meaning that 50 pct of the employed population received wages up to that amount.

(1 euro = 117.44 dinars)