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Serbia’s real net wage growth accelerates to 2.1% y/y in Nov

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Serbia’s average net wages increased by a real 2.1% year-on-year in November following 1.1% annual growth in October, statistical office data showed.

On a monthly comparison basis, the average net wage was 1.2% higher in real terms in November, reversing a 3.4% monthly drop in October, the data indicated.

In nominal terms, the average net wage was 45,767 dinars ($388.3/371.5 euro) in November, up 3.6% on the year and 1.1% higher on the month.

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