Thirteen percent increase in earnings over a year
In August, gross average earnings were 13.2 percent higher than a year before, the Central Statistical Office (KSH) reported on Thursday. The rate of growth was slightly different from the previous month’s 13.1 percent, but in August, the rise in bonuses and other single payments increased by 31.0 percent, with a 12.4 percent increase in earnings.
In the public sector, average wages rose by 17.8 percent, due to a jump of 82.0 percent in the one-off items, but regular wages also grew by an average of 14.4 percent. In the private sector, earnings growth was 11.5 percent, and regular payments increased by 11.6 percent. (MTI)
Related news
KSH: industrial production decreased by 0.2 percent in October
In October, the volume of industrial production fell by 0.2…
Read more >KSH: in November consumer prices exceeded the same monthly values of the previous year by 3.7 percent
In November, consumer prices exceeded those of a year earlier…
Read more >The price of stuffed peppers has increased by 9 percent
According to data from the Central Statistical Office, 90.61 thousand…
Read more >Related news
Recognition of Consumer Protection Excellence: Honoring the Best of 2024
This year’s outstanding consumer protection officers and special award recipients…
Read more >KSH: industrial production decreased by 0.2 percent in October
In October, the volume of industrial production fell by 0.2…
Read more >Technological advancements and business travel
The latest research from International Workplace Group (IWG), the leading…
Read more >