Romania real net wage edges up in July
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Romania's average net monthly wage edged up by a real 0.1% year-on-year in July, after rising by 3.3% in June, the National Institute of Statistics (INS) said on Friday.
On a monthly comparison basis, the real net wage was 0.9% lower in July. In nominal terms, the average net monthly wage rose 5.1% on the year and was 0.1% higher on the month in July, to RON 3,545 (EUR 717). The highest net average wage of RON 8,709 (EUR 1,762) was registered in computer programming, consultancy and related activities, while the lowest, of RON 1,914 (EUR 387), was recorded in the hospitality sector.
In a separate report, the Bucharest-based statistics institute said that Romania's consumer price index (CPI) rose 5.3% year-on-year in August, led by an 7.92% gain of non-food products. CPI increased 5% in July. On a monthly basis, consumer prices rose 0.24% in August. The EU measure of harmonized index of consumer prices, or HICP increased 4% yearly in August and rose 0.18% a month ago.
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