Lithuania - Real wages increased 5.7% in 2017 - January 31, 2018

Preliminary figures released by the country's statistics office show that real wages grew by 5.7% in 2017 compared with 2016. Average gross monthly wages in the economy increased with 66 euro, or 8.5%, to 840 euro and average net monthly wages increased by 58 euro, or 9.6%, to 660 euro. Gross wages increased in all economic activities, especially in wholesale and retail trade (by around 11.1%) and information and communications (by around 10.3%). Economists said that the gross domestic product (GDP) went up by around 3.5% last year from 2016, mainly driven by growing exports and still agile domestic consumption.

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For more information, please contact the editor Jan Cremers or Nuria Ramos Martin, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Willy De Backer wdebacker@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. Since June 2013 readers can consult our archive and search through all articles in our database at www.cbnarchive.euYou may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.

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