Monstat: Average salary in March 825 euros

"If it is taken into account that consumer prices in March compared to February recorded an increase of 0,5 percent, it follows that real earnings remained at the same level", according to the announcement of Monstat.

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Illustration, Photo: Shutterstock
Illustration, Photo: Shutterstock
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.

Average earnings without taxes and contributions in March, according to Monstat data, amounted to 825 euros and were 0,5 percent higher than in February.

The average net salary in March, compared to the same month last year, recorded a growth of 5,6 percent.

The average gross salary in March was 1,03 thousand euros.

"If it is taken into account that consumer prices in March compared to February recorded an increase of 0,5 percent, it follows that real wages remained at the same level," the Monstat announcement states.

Compared to the previous month, the average earnings without taxes and contributions in March recorded growth in the sectors of water supply and waste water management, five percent, professional, scientific and technical activities 2,3 percent, other service activities 2,1 percent, administrative and auxiliary service activities 1,2 percent, manufacturing industry 1,1 percent.

Growth was recorded in both the wholesale and retail trade sector; repair of motor vehicles and motorcycles 0,9 percent, artistic entertainment and recreational activities 0,7 percent, supply of electricity, gas, steam and air conditioning, education and health and social protection 0,6 percent each, traffic and storage 0,5 percent and real estate business 0,3 percent.

Compared to the previous month, the drop in average earnings without taxes and contributions in March was recorded in the mining and stone extraction sectors by 1,8 percent, construction, financial and insurance activities by 0,3 percent, information and communications, and state administration and defense: mandatory social insurance at 0,2 percent and agriculture, forestry and fishing and accommodation and food services at 0,1 percent.

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