Serbia: Real Wages Falling Drastically

BusinessEconomy ♦ Published: February 28, 2013; 14:23 ♦ (Vindobona)

Salaries and wages per employee in the Republic of Serbia were down by 17% in January 2013.

Serbia: Real Wages Falling Drastically / Picture: © Vindobona.org

The average gross salaries and wages paid in January 2013 in the Republic of Serbia amounted to dinars 54447. Compared to the average gross salaries and wages paid in December 2012, this was a decrease of 16.4% in nominal terms and 16.9% decrease in real terms.

The average net salaries and wages paid in January 2013 in the Republic of Serbia totaled 39197 dinars. Compared to the…