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Romania's real net wage rises 6.8% y/y in March

May 15, 2024, 2:43:01 PMArticle by Alexandru Cristea
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May 15 (SeeNews) - Romania’s average net monthly wage rose by a real 6.8% year-on-year in March, following a 6.5% gain in February, the country’s statistical office, INS, said on Wednesday.

Romania's real net wage rises 6.8% y/y in March
Romania's average net earnings index as of March 2024. Source: INS, pixabay.com

On a monthly comparison basis, the real net wage increased by 5.9% in March, INS said in a data release.

In nominal terms, the average net monthly wage rose by 13.9% on the year in March, while adding 6.3% on the month, to 5,185 lei ($1,128.2/1,041.9 euro).

In March, the manufacture of tobacco products sector reported the highest average net wage at 13,250 lei. The lowest net average wage, of 2,779 lei, was recorded in the manufacture of apparel.

(1 euro=4.9765 lei)

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