Net average wage in Romania slows in January

MNB

Photo by Mircea Moira/Shutterstock.com

The average net salary in Romania increased by 8.6% in January, compared to the same month of 2019, to RON 3,189 (EUR 666), the country’s National Institute of Statistics (INS) said in a statement.

Photo by Mircea Moira/Shutterstock.com

In real terms, deflated by the consumer price index, the wages increased by 4.8% year-on-year, down from 8.6% gain in December.

Last January, the net wages surged by a real rate of 14.4%. The highest average net wage in January was recorded in information technology (IT) services activities with RON 7,478 (EUR 1,557), while the lowest average salary was in the hotel and restaurant industry, at RON 1,803 (EUR 375) INS said.

ADVERTISEMENT

EBRD Sees Hungary GDP Growth Slowing to 1.5% in 2023 Analysis

EBRD Sees Hungary GDP Growth Slowing to 1.5% in 2023

Horthy Statue to be Unveiled in Parliament Parliament

Horthy Statue to be Unveiled in Parliament

UPS Appoints Regional Director Appointments

UPS Appoints Regional Director

Completion of Metro Line M3 Renovation Delayed City

Completion of Metro Line M3 Renovation Delayed

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.