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.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
