Romanian real net wage falls in December

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Romania's average net monthly wage fell by a real 0.9% year-on-year in December, after decreasing by 0.8% in November, the Bucharest-based National Institute of Statistics (INS) said on Friday.
On a monthly comparison basis, the real net wage was 5.6% higher in December.
In nominal terms, the average net monthly wage rose 7.2% on the year and was 6.4% higher on the month in December, to RON 3,645 (EUR 794).
The highest net average wage of RON 10,534 (EUR 2,129) in December was registered in the manufacture of coke and refined petroleum products, while the lowest, of RON 1,922 (EUR 388.50), was recorded in the hospitality sector.
According to the statistics agency, fluctuations in earnings were recorded during the year, mainly determined by granting annual premiums and holiday bonuses in December and March/April.
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