INS: Average net salary down by 3.1 pc in May, to RON 1,682


The highest average net salary was recorded in the extraction of crude oil and natural gas, while the lowest was registered in accommodation and food service activities.

The average net salary in Romania was of RON 1,682 (some EUR 380) in May this year, down by RON 53, or 3.1 percent, compared to the previous month, according to the National Statistics Institute (INS) data released yesterday. The average gross nominal salary was 2.8 percent lower, at RON 2,328 (EUR 526). The highest average net salary was recorded in the extraction of crude oil and natural gas – RON 5,512 (EUR 1,247), while the lowest was registered in accommodation and food service activities – RON 959 (EUR 216). Compared to April 2014, the most significant decreases in the average net earnings were recorded as follows: 20.7 percent in financial service activities (except insurance and pension funding); between 10 percent and 17.5 percent in telecommunications, mining of coal and lignite, activities auxiliary to financial services and insurance activities, mining of metal ores, sewerage a.s.o.
According to the INS, increases in the average net earnings were determined by the occasional bonuses and amounts from the net profit, by production achievements or higher receipts. The most significant increases in the average net earnings have been recorded as follows: 28.8 percent in extraction of crude oil and natural gas; between 4 percent and 8.5 percent in the mining support service activities, manufacture of coke and refined petroleum products, tobacco products manufacturing, land transport and transport via pipelines a.s.o. When compared to May 2013, the average net nominal earnings increased by 4.4 percent. Not the least, new orders in industry overall (domestic and foreign market) advanced in May 2014 by 0.5 percent from the previous month and by 0.4 percent from the corresponding month of last year. Compared with April 2014, the new orders in industry went up due to the increases registered in the durable goods industry (+6 percent), the current goods industry (+2.9 percent), the intermediate goods industry (+1.1 percent). The capital goods industry dropped 0.6 percent.
Industrial turnover advances
11.6 pc January-May, 2014
The same INS data reveals that comparing with the January 1 – May 31, 2013 period, Romania’s industrial turnover in January 1 – May 31, 2014 was up overall by 11.6 percent on rises in manufacturing (+11.8 percent) and in mining and quarrying (+8.5 percent), the National Statistics Institute (INS) reported on Monday.
On main industrial groups, there were rises in turnover in all the sectors: energy industry (+35.5 per cent), durable goods industry (+12.4 per cent), capital goods industry (+10.3 per cent), intermediate goods industry (+10.0 per cent) and consumer goods industry (+7.4 per cent), according to an INS press release issued on Monday.
According to INS, in May 2014, the turnover in industry, per total (domestic and non domestic market), increased compared to the previous month by 2.7 per cent and by 10.9 per cent compared to the similar month of the previous year. On main industrial groups, there were rises in turnover in all the sectors, as follows: energy industry (+40.9 percent), durable goods industry (+12.5 percent), capital goods industry (+10.8 percent), intermediate goods industry (+8.8 percent) and consumer goods industry (+4.1 percent).
New orders in industry overall (domestic and foreign market) advanced in May 2014 by 0.5 percent from the previous month and by 0.4 percent from the corresponding month of last year. Also, in the first five months of 2014, the new orders in industry went up 7.6 per cent from the period January – May 2013. Compared with April 2014, the new orders in industry went up due to the increases registered in the durable goods industry (+6 percent), the current goods industry (+2.9 percent), the intermediate goods industry (+1.1 percent). The capital goods industry dropped 0.6 percent.

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