- In August 2021, the average gross nominal earnings were 5688 lei, with 92 lei (-1.6%) lower than the one registered in July 2021. - The average net nominal earnings were 3487 lei, decreasing as against the previous month, with 58 lei (-1.6%). - The highest values of the average net nominal earnings were recorded in computer programming, consultancy and related activities (including information service activities) (8377 lei), while the lowest in manufacture of wearing apparel (1957 lei). August 2021 as compared to August 2020 - As compared to August of the previous year, the average net nominal earnings increased by 6.5 % . Earnings in relation with the evolution of consumer prices - The real earnings index1 was 101.2% for August 2021 in relation with the same period of previous year. - The real earnings index was 98.2% for August 2021 as against previous month. ? As compared to October 1990, the real earnings index was 223.0%, by 4.2 percentage points lower than the one recorded in July 2021. The average gross nominal earnings in Romania were 5,688 lei in August 2021, by 92 lei (-1.6%) lower than in July 2021, and the net average nominal earnings were 3,487 lei, down from the previous month by 58 lei (-1.6%), data published on Tuesday by the National Institute of Statistics (INS) show.The highest average net nominal earnings were reported in information technology service activities (including information service activities) (8,377 lei), and the lowest in clothing manufacturing (1,957 lei).Y-o-y, the August 2021 average net nominal earnings increased by 6.5%.The real earnings index was 101.2% in August 2021, y-o-y. The real earnings index was 98.2% in August 2021 on a monthly basis. As against October 1990, the real earnings index was 223.0%, 4.2 percentage points lower than that in July 2021.In the public sector, there were monthly decreases in the average net in education (-1.9%, due to cuts in the amounts representing the hourly payment of teacher the school holidays), public administration, namely healthcare and social assistance (-0.5% each).
The Constitutional Court of Romania (CCR) has explained that the legal obligation to publish asset and interest declarations on the website of the National Integrity Agency (ANI) violates the right to private life, according to the reasoning of a decision published on June 11. The decision was issued on May 29 and prompted protests from […]
Iulius Group announced plans to develop a third proximity retail center under the Family Market brand in Tomești commune, Iași county, with an estimated investment of EUR 28 million. Construction is scheduled to begin by the end of 2025, with completion expected in the last quarter of 2026. The new development will feature a leasable […]
The negotiations among the four main pro-Western parties in Romania, carried out in Bucharest without the presence of president Nicusor Dan for the past two days, failed to reach even limited agreement on the ruling strategy primarily on the fiscal consolidation package amid radical requests expressed by the Social Democratic Party (PSD) that indicate an […]
A coalition of eleven Romanian business associations, including Concordia, the Foreign Investors Council, Romanian Business Leaders, and various bilateral chambers of commerce, has issued a joint appeal calling on political parties to maintain the country's current tax framework and prioritise structural reform over immediate tax increases. The business groups argue that the focus should be […]
President Nicușor Dan announced Wednesday evening, June 11, that Romania's Supreme Council of National Defense (CSAT) will discuss how to tackle the rapid spread of disinformation online, emphasizing the need for swift responses to false narratives that circulate widely in just a matter of hours,
The largest film festival in the country kicks off this weekend in Cluj, while Bucharest has numerous music festivals going on.
