KSH: the growth of earnings accelerated in January

The gross average earnings rose by 6.0 percent in January in the national economy after the 1.6 percent increase of December, calculated without public employment.

In the private sector, wage increase was 4.4 percent, compared to the first month of the last year, while this figure was 8.6 percent in the budgetary area – the Central Statistics Office (KSH) announced on Friday.

The annual growth in gross earnings, together with the public employment was 0.9 percent.
The growth rate of net earnings was also 0.9 percent in in January, due to the 0 percent January inflation rate. (MTI)