Analysts: earnings growth accelerated in January surpassing the expectations

Following the increase in minimum wages and the shortage of skilled workers, the KSH reported on a salary increase exceeding the expectations in January.

The pace of growth in earnings may be somewhat sluggish, compared to the second quarter, but it is only slightly lower than the dynamics of last year – analysts commented the latest report of the Central Statistical Office (KSH) to MTI.

According to the Central Statistical Office, the gross and net average wages were 13.8 percent higher in January than in the previous year, which is a six-month peak. (MTI)