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Romania's real net wage rises 6.3% y/y in Jan

Mar 14, 2024, 10:25:17 AMArticle by Razvan Timpescu
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March 14 (SeeNews) - Romania’s average net monthly wage rose by a real 6.3% year-on-year in January, following an 8.3% gain in December 2023, the country’s statistical office, INS, said on Thursday.

Romania's real net wage rises 6.3% y/y in Jan
Romania's average net earnings index as of January 2024 Source: INS

On a monthly comparison basis, the real net wage decreased by 5.3% in January, INS said in a data release.

In nominal terms, the average net monthly wage rose by 14.2% on the year in January, while dropping by 4.3% on the month, to 4,859 lei ($1,069/978 euro).

In January, the computer programming, consultancy and related activities sector reported the highest average net wage at 11,193 lei. The lowest net average wage, of 2,733 lei, was recorded in the manufacture of apparel.

(1 euro=4.96956 lei)

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