KSH: net earnings rose 8.0 percent in April

The average monthly gross earnings in April were 6.4 percent higher than a year before, while net wages – due to the reduction in the tax rate – rose by 8.0 percent – the Central Statistical Office (KSH) announced on Tuesday. Excluding the public workers, gross earnings increased by 7.2, while net earnings increased by 8.8 percent.

In the private sector – excluding public workers – gross earnings increased by 5.1 percent, while net wages increased by 6.7 percent. In the budget sector, the growth was 13.3 and 15.0 percent. (MTI)