KSH: earnings preceded inflation
Average wages grew by 5.3 percent in November last year. Without counting the public workers, the increase of gross and net wages was 6.1 percent.
Compared to the October 2015 data, wage growth accelerated by 0.5 percentage points – according to the Central Statistical Office’s (KSH) latest report released on Thursday. The increase in earnings exceeded inflation’s 0.4 percentage point increase. (MTI)
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