- 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).
American cryptocurrency-based prediction market Polymarket, a platform where investors can place bets on various future events, predicts that the candidate of the PSD-PNL-UDMR ruling coalition in Romania, Crin Antonescu, is likely to win the presidential elections with his odds at 36%. As regards the first round, Polymarket predicts far-right candidate George Simion (AUR) would dominate […]
Some 51% of the Romanians say they are in favor of progressive taxation of salaries and accession to the euro. Meanwhile, 44% agree with reunification with the Republic of Moldova, according to a recent survey conducted by AtlasIntel for Hotnews.ro. According to the poll, only 4% of Romanians agree with Romania's exit...
BICO Industries, a construction materials producer controlled by the ROCA Industry holding with 60%, has signed a contract with the Environmental Funds Administration (AFM) to finance the construction of a factory for the production of non-woven fiberglass material by recycling fiberglass waste resulting both from its current activity (production of fiberglass mesh for reinforcing thermal […]
Biopharma Plasma of Ukraine is reportedly preparing the construction of a factory in western Romania at Oradea, where it would produce medicines by processing plasma, according to Economedia.ro and
Hungarian railway company Train Europe has acquired a 76% stake in Romanian rolling stock manufacturer Petroutilaj-3DRD from French firm Chemins de Fer Départementaux (CFD), Ziarul Financiar reported in April, citing a transaction finalised in January 2025. The acquisition marks a strategic expansion...
In a comment to the Eurostat releasing Romania's public deficit under the ESA methodology at 9.3% of GDP, the Ministry of Finance affirmed its commitment to stick with the 7%-of-GDP deficit target for this year and with the 7-year fiscal consolidation plan agreed with the European Commission under the Excessive deficit procedure. "Romania reaffirms its […]
