30/12/2014 13:16
Wages in the third quarter of 2014 recorded a new significant decrease, returning to the 2009 levels.
According to the preliminary estimations of the Statistical Service, the average gross monthly earnings of employees during the third quarter of 2014 amounted to €1.875.
In comparison with the third quarter of 2013, a decrease of 3.8% was recorded in the average monthly earnings of employees.
In the second quarter of the year, the decline stood at 3.4%,
In comparison with the second quarter of 2014 (seasonally adjusted data) there was a decrease of 1,0% in the average monthly earnings of employees against a decrease of 1.3% in the previous quarter.
The reductions are calculated without the temporary contributions of employees.
The Statistics Service clarifies that the temporary contributions of employees of the private sector and officials and employees of the central government and the broad public sector and the deductions in earnings of officials and employees of the central government and the broad public sector do not affect the gross salary of employees but only their net income. Consequently, they are not reflected in the figures above.
From 2012, when the average salary had reached €1992, wages have fallen by around 6%.
According to the preliminary estimations of the Statistical Service, the average gross monthly earnings of employees during the third quarter of 2014 amounted to €1.875.
In comparison with the third quarter of 2013, a decrease of 3.8% was recorded in the average monthly earnings of employees.
In the second quarter of the year, the decline stood at 3.4%,In comparison with the second quarter of 2014 (seasonally adjusted data) there was a decrease of 1,0% in the average monthly earnings of employees against a decrease of 1.3% in the previous quarter.
The reductions are calculated without the temporary contributions of employees.
The Statistics Service clarifies that the temporary contributions of employees of the private sector and officials and employees of the central government and the broad public sector and the deductions in earnings of officials and employees of the central government and the broad public sector do not affect the gross salary of employees but only their net income. Consequently, they are not reflected in the figures above.
From 2012, when the average salary had reached €1992, wages have fallen by around 6%.
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