Net wage up in ROL, down in euros

The net average wage in the economy has slowed down its growth pace in June, achieving only 0.5% progress from the previous month and reaching 5.8 million ROL. If calculated in euros, the average net wage stood at 143 euros, down 2.7% from May. As for the gross average wage, it totalled 8.03 million ROL (197 euros) in June, up 0.3%. The National Statistics Institute explains this trend by the payment of the bonuses and extra hours of work in such activities as forestry, hydrocarbons drilling, tobacco products manufacturing, machinery and equipment industry, television and communications. The increase in the sales in agriculture, textile products and clothing manufacturing, chemical and construction industries was also a factor. The highest wage increase was recorded in the radio, TV and communications equipment sector, 31.2%, with people employed in this field getting 11.52 million ROL. Publishing houses and printing companies, among others, were those sectors that saw the net average wage shrink by 20.8% to 4.63 million ROL. ZF