Analysts: real wages may decline this year
Gross wages can grow by 4 to 4.5 percent this year, so – because of the high rate of inflation – a fall may occur in real wages – believed analysts surveyed by MTI, after the datas of the Central Statistics Office (KSH) were disclosed on Thursday.
According to the datas of the Cenral Statistics Office, in the January to August period, the average gross earnings without taking the family allowances into account were 4.7 higher than in the same period of the previous year, while the net earnings were 1.9 percent above the same period of the previous year. (MTI)
Related news
Related news
New generation of plant-based meat alternatives are high in salt and expensive
While the vast majority of plant-based meat substitutes significantly reduce…
Read more >Baby boomers drive growth in healthy ageing skincare market
Interest is also growing in products that support both skin…
Read more >Dunnhumby and Placer.ai use new AI-based tool to analyse competitive threat
Dunnhumby and Placer.ai have developed a new AI tool for…
Read more >