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Average wage up by almost 14pc in August y.o.y., down by 1.2pc against July

The average nominal wage fell by 1.1% against the previous month to RON 2,364 and grew by 13.9% against August 2016, the National Statistics Institute (INS) informs on Monday.

The nominal gross wage was of RON 3,290, by 1.2% lower than in July 2017. The average nominal wage was of RON 2,364, down by the previous month by RON 27 (-1.1%).

The highest level of the average nominal wage was in the IT sector (RON 5,930) and the lowest in hotels and restaurants (RON 1,406)

In August 2017 the average nominal net wage was higher by 13.9% against August 2016, whereas the real actual wage index was 112.6% against the same period last year.

In August 2017, as compared to July 2017, in most activities in the economic sector the level of the average net wage earnings were lower than in July 2017.

 

About Valeriu Lazar