The nominal net wages increased by 13.6% year-on-year as of November to RON 4,141 (€ 842), but they still couldn’t keep pace with the consumer prices. Thus, they lost 2.7% compared to the same month of 2021, in real terms, which is the sharpest decline since 2009. In fact, the average wage earned by employees has increased by double-digit rates in annual terms since February 2022 - and yet it is still losing ground gradually in real terms. Employees’ expectations for further double-digit growth in their wages are supported by inflation that remains above 15%.
Read on: in English.
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.