Real wages decreased in September as energy prices pushed up inflation, with the trend likely to continue. Rising inflation has gradually eroded the rise in nominal wages during the second and third quarters of 2021. The average net wage increased to RON 3,517 (€711) in September, when it was 5.8% higher than a year earlier. With the inflation reaching 6.3% year-on-year in September, real wages decreased (-0.4% year- on-year) for the first time since early 2013.
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For more information, please contact Paul de Beer or Oana Ciuca, De Burcht (Scientific Bureau for the Dutch Trade Union Movement) p.t.debeer@uva.nl or the Head of communications at the ETUI, Mehmet Koksal mkoksal@etui.org. For previous full issues of the Collective bargaining newsletter please visit https://www.etui.org/Newsletters/Collective-bargaining-newsletter or consult the archive with all articles in our database at www.cbnarchive.eu.
You may find further information on the ETUI at www.etui.org.