Are you sure?

Real wages up 5.7% yr/yr in January-March

Real monthly wages rose 5.7% year on year in January-March 2006, based on a 8.3% increase in net wages and the twelve-month CPI of 2.5%, the Central Statistics Office (KSH) announced on Wednesday.

Real wages rose 5.9% year on year in March. Gross monthly wages rose 7.5% to Ft 162,315 (€613) in the twelve months to March, and net wages rose 8.3% to Ft 107,914 during the same period. In January-March gross monthly wages rose 7.3% year on year and net wages were up 8.3%.