ADVERTISEMENT

Romanian real net wage, inflation rises in April

Figures

Photo by Albert Zoltan / Shutterstock.com

Romania's average net monthly wage rose by a real 8.4% year-on-year in April, after rising by 4.5% in March, the National Institute of Statistics (INS) said on Friday.

On a monthly comparison basis, the real net wage was flat in April. In nominal terms, the average net monthly wage rose 11.9% on the year and edged up 0.4% on the month in April, to RON 3,561 (EUR 623).

The highest net average wage of RON 8,671 (EUR 1,762) was registered in computer programming, consultancy and related activities, while the lowest, of RON 1,790, was recorded in the hospitality sector.

In a separate statement, the Bucharest-based statistics institute said that Romania's consumer price index (CPI) rose 3.8% year-on-year in May, following a 3.2% increase in April.

Prices of non-food products grew 5.7% and those of food products rose by 1.52% in May. Services cost increased by 2.78%. On a monthly basis, consumer prices rose 0.53% in May.

The EU measure of harmonized index of consumer prices, or HICP increased 3.2% yearly in May and rose 0.56% a month ago.

ADVERTISEMENT

Czech economic confidence improves in May Analysis

Czech economic confidence improves in May

Ministers in new Orbán gov't sworn in Parliament

Ministers in new Orbán gov't sworn in

Spring’s allergy season - the heat is on Interview

Spring’s allergy season - the heat is on

Airport bus fare could rise to HUF 1,500 City

Airport bus fare could rise to HUF 1,500

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 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.