Average net salary EUR 375; April inflation 0.8%

BELGRADE The average net salary in Serbia totaled RSD 41,689 (EUR 375) in March, a nominal and actual drop of 3.9 percent compared to the month before. Salaries in the north of the country are now 30 percent higher than in the south, the Marketing Research Institute (IZIT) said in its latest bulletin. Average net salary EUR 375; April inflation 0.8% The average net salary in the north was RSD 46,372, a 3.2 percent drop both in nominal and real terms from February. In the south, the average net salary in the north was RSD 35,526, a 5.1 percent drop both in nominal and real terms from the month before. The highest average salary of RSD 51,396 was recorded in Belgrade, and the lowest, RSD 35,341, in the Sumadija region (central Serbia) and western Serbia, for a 1.45 ratio in favor of Belgrade. In southern and eastern Serbia, the average salary of RSD 35,753 is just a shade higher than in Sumadija and western Serbia, which indicates extremely unbalanced economic development, said IZIT. At an annual level, the average salary in March this year is up 2.8 percent nominally but down 7.6 percent in real terms, due to high inflation in the observation period. Inflation in April 0.8 percent The consumer prices of goods and services in April increased by 0.8 percent on average compared to March, the Statistical Office of the Republic of Serbia stated on Monday. The consumer prices in April 2013 compared to April 2012 went up by 11.4 percent and 1.9 percent in relation to December 2012. Compared to the previous month, the greatest increase in prices was noted in the groups: food and non-alcoholic beverages (two percent), recreation and culture (1.2 percent), restaurants and hotels (0.6 percent), health (0.5 percent) and clothing and footwear (0.1 percent). A decrease in prices was noted in the groups: transport (-0.3 percent), furnishings, household equipment and routine household maintenance (-0.2 percent), communication and education (by - 0.1 percent each group). The prices of other products and services mostly remained unchanged. Tanjug

Average net salary EUR 375; April inflation 0.8%

The average net salary in the north was RSD 46,372, a 3.2 percent drop both in nominal and real terms from February.

In the south, the average net salary in the north was RSD 35,526, a 5.1 percent drop both in nominal and real terms from the month before.

The highest average salary of RSD 51,396 was recorded in Belgrade, and the lowest, RSD 35,341, in the Šumadija region (central Serbia) and western Serbia, for a 1.45 ratio in favor of Belgrade.

In southern and eastern Serbia, the average salary of RSD 35,753 is just a shade higher than in Šumadija and western Serbia, which indicates extremely unbalanced economic development, said IZIT.

At an annual level, the average salary in March this year is up 2.8 percent nominally but down 7.6 percent in real terms, due to high inflation in the observation period.

Inflation in April 0.8 percent

The consumer prices of goods and services in April increased by 0.8 percent on average compared to March, the Statistical Office of the Republic of Serbia stated on Monday.

The consumer prices in April 2013 compared to April 2012 went up by 11.4 percent and 1.9 percent in relation to December 2012.

Compared to the previous month, the greatest increase in prices was noted in the groups: food and non-alcoholic beverages (two percent), recreation and culture (1.2 percent), restaurants and hotels (0.6 percent), health (0.5 percent) and clothing and footwear (0.1 percent).

A decrease in prices was noted in the groups: transport (-0.3 percent), furnishings, household equipment and routine household maintenance (-0.2 percent), communication and education (by - 0.1 percent each group).

The prices of other products and services mostly remained unchanged.