Serbia: Real Income Shrinks

Business › Economy ♦ Published: November 26, 2012; 18:03 ♦ (Vindobona)

In October 2012, salaries and wages per employee in the Republic of Serbia decreased by 3.5% in real terms.

Serbia: Real Income Shrinks / Picture: © Vindobona.org

The average gross salaries and wages paid in October 2012 in the Republic of Serbia amounted to dinars 57733. Compared to the average gross salaries and wages paid in September 2012, this was an increase of 3.3% in nominal terms and 0.5% increase in real terms.

The average net salaries and wages paid in October 2012 in the Republic of Serbia totaled 41558 dinars. Compared to the…

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