The net average wage edged down in August compared to July, but the 13.8% year-on-year nominal advance (+14.8% in July) resulted in a still substantial 8.3% year-on-year real increase as the inflation kept easing, according to data published by the statistics office INS. In absolute terms, the net average wage reached RON 5,158 (€ 1,037) in August, 1.8% less compared to July. After the 8.6% year-on-year average growth in July-August, the real wages are likely to hit in the third quarter a record growth rate for the post-Covid period.
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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.