The 1.4% twelve-month drop followed a 4.8% increase in February and a 1.6% rise, also distorted by a high base, in January.

Gross wages in January-March rose 1.5% yr/yr as gross wages rose 5.8% in the business sector and public sector wages fell 8.9% in the period.

Excluding bonuses and one-off payments, January-March gross regular wages were up 4.4% from a year earlier as regular wages rose 3.8% in the business sector and they rose 5.3% in the public sector.

Net wages in the first three months of 2011 rose 3.5% yr/yr, excluding the effect of the new family tax allowance and including the effect of changes in the personal income tax rules.