Trademagazin > News and articles > Market News > Gross earnings of full-time employees grew 8.7 percent year-on-year
Gross earnings of full-time employees grew 8.7 percent year-on-year
According to a report published by the Central Statistical Office (KSH) on Friday, the average gross earnings of full-time employees in March were 8.7 percent higher than a year before.
With inflation calculated at 3.7 percent in March, real earnings were 4.8 percent higher than in March last year. Compared with 9.8 percent in February, the pace of wage growth slowed by 1.1 percentage points as inflation also accelerated. Real wage growth slowed by 1.7 percentage points from 6.5 per cent. (MTI)
Related news
KSH: retail turnover in November exceeded the same period of the previous year by 4.1 percent and the previous month by 0.6 percent
In November 2024, the volume of retail trade turnover increased…
Read more >NGM: Public confidence is apparently starting to return
The government is working to improve the economy so that…
Read more >NGM: the government is working to strengthen domestic industry, which is being held back by the crisis in the German economy
The government is working to strengthen domestic industry, which is…
Read more >
More related news >
Related news
REWE Group Revamps Digital Loyalty Programmes
REWE Group has announced a new format for its digital…
Read more >KSH: retail turnover in November exceeded the same period of the previous year by 4.1 percent and the previous month by 0.6 percent
In November 2024, the volume of retail trade turnover increased…
Read more >NGM: Public confidence is apparently starting to return
The government is working to improve the economy so that…
Read more >