BUSINESS

INS: Net average wage 1,731 in February

The gross monthly average wage was 2,395 lei this February, by 0.5 percent less than in January 2015, while the net average monthly wage was 1,731 lei, by 9 lei (0.5 percent) less than in the month before, shows data released on Monday by the National Statistics Institute (INS).

On a year-on-year basis, the net average monthly wage was 6.5 percent higher in February 2015. The year-on-year real wage index was 106.1 pct.

The tobacco industry saw the highest net nominal average pay (5,151 lei) this February, while the HoReCa industry was at the opposite end with an average monthly pay of just 999 lei.

The real earnings index was 99.2 percent for February 2015 as against the previous month. Compared to October 1990, the real wage index was 128.3 pct, by 1.1 percentage points less than in January 2015.

The most significant decreases in the average net earnings were recorded in warehousing and transportation support activities, crude and natural gas extraction (between 9.5 and 10 percent); the mining of metal ores, other mining and quarrying activities, financial intermediation – insurance and pension funds excepted (between 4 and 5 percent); postal and courier activities, sewerage, the manufacturing of computers, electronic and optical products, the production and supply of electricity and heat, gas, steam, and air conditioning, motion picture, video and television program production (including sound recording and music publishing activities); programming and broadcasting activities – between 3 and 4 percent.

The industries to record the most significant increases in the average net earnings from January 2015 were: the manufacturing of tobacco products (39.9 percent); activities auxiliary to financial services, insurance & reinsurance and pension funds (except for the public social security system) – between 10 and 20 percent; wood processing, wood and cork products (except for the furniture industry); straw and vegetable plaited products, the manufacturing of basic pharmaceutical products and pharmaceutical preparations, professional, scientific and technical activities – between 4.5 and 8.5 percent; mining support activities, telecommunications, metal fabricated products (except for machinery and equipment) – between 2 and 3.5 percent.

In the public sector, the net average monthly earning was down from the month before in education (- 1.6 percent), health care and social assistance (- 1.3 percent), while in the public administration the monthly pay inched up 0.2 percent from the previous month.

 

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