NGM: the real wage growth helps the revival of consumption
The real earnings increased by 6.8 percent in February, by excluding the effect of public employment. The strong real wage growth, started in 2013 continues – the Ministry of National Economy (NGM) calls attention in relation to the datas of the Central Statistics Office (KSH).
The Ministry of National Economy (NGM) in its communication told that the government's actions, among others, overhead reduction, increased wages in the in the public sector, Workplace Protection Action Plan, measures to stimulate activity and the stagnating consumer prices have significant role in real wage growth. (MTI)
Related news
Related news
In June, the annual decline in producer prices slowed down in Germany
In Germany, producer prices fell by 1.6 percent year-on-year in…
Read more >Rural accommodations closed a stronger half year than last year
The momentum of tourism in 2023 will continue to make…
Read more >Munch is now available in every Auchan store
From the beginning of May you can get the three…
Read more >