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Real wages up 6.3% yr/yr in 2005

Real wages rose 6.3 % year-on-year in 2005, the Central Statistics Office (KSH) said on Friday. Net wages were up 10.1 % while annual inflation averaged 3.6%. In December, real wages rose 4 % year-on-year, based on the calculation of a net wage rise of 7.4 % and inflation of 3.3%. Gross wages were up 8.8 % in 2005 and increased 5.4 % year-on-year in December.