AcasăEurope NewsAverage net earning up to 5,185 RON, in March 2024

Average net earning up to 5,185 RON, in March 2024

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The average net earning was 5,185 RON (1 euro = 4.97 RON), in March of this year, up by 309 RON (+6.3%) compared to February, the highest values being recorded in manufacturing tobacco products (13,250 RON), and the lowest in the manufacture of clothing items (2,779 RON), according to the data published on Wednesday by the National Institute of Statistics.

In March 2024, the average gross earning was 8,502 RON, 512 RON (+6.4%) higher than in February 2024.

Compared to March of the previous year, the average net earning increased by 13.9%.

The real earning gain index was 106.8% in March 2024 compared to March 2023. The real earning gain index was 105.9% in March 2024 compared to February 2024. Compared to October 1990, the real earning gain index was was 252.6%, 14 percentage points higher than the one recorded in February 2024.

INS says that during the year there are fluctuations in earnings determined, mainly, by the awarding of annual awards and holiday bonuses, especially in the months taken as a basis for comparison (December, March/April). They influence the increases or decreases depending on the period in which they are granted, leading, in the end, to the fading of the fluctuations of the monthly salary at the level of the whole year. The evolution of the real earning depends on both the fluctuations of the net average earning and the inflation rate.

In the budgetary sector, the average net earning increased in March 2024 compared to the previous month as follows: in health and social assistance (+6.9%), mainly as a result of the application of certain legal provisions, in education (+4.6 %), as a result of the resumption of the hourly payment of teaching staff, respectively in the public administration (+1.7%), by starting the awarding of vouchers (vacation vouchers) related to the year 2024.

AGERPRES

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