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)
Related news
Related news
Fidelity Outlook 2025: New paths for stocks
As we approach 2025, it is clear that the macroeconomic…
Read more >ESG – about sustainability standards, from a legal perspective
Since December 2023 several pieces of legislation have been published…
Read more >Shoppers are prepared to look for the best deals – EY Christmas survey
The majority of shoppers are specifically looking for and waiting…
Read more >