Romania’s real net wage annual growth rate slows in November

Photo by Bogdan Vija/Shutterstock.com
Romania’s average net monthly wage grew by a real 9.8% year-on-year in November, after growing by 10.8% in October, the Bucharest-based National Institute of Statistics (INS) says.
Photo by Bogdan Vija/Shutterstock.com
On a monthly comparison basis, the real net wage was 1.8% higher in November. In nominal terms, the average net monthly wage increased by 13.9% on the year and rose by 2% on the month in November, to RON 3,179 (EUR 665).
The highest net average wage of RON 7,610 was registered in IT sector, while the lowest, of RON 1,803, was recorded in manufacture of wearing apparel, the INS said in a statement released on January 13.
ADVERTISEMENT
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.