Wednesday, August 17, 2016

GUS shows strong wage growth – Onet.pl

 
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  Average salary in July 2016 strongly growing
 
 
 

“in July 2016. Average employment in enterprise sector was higher by 3.2 percent. y / y and amounted to 5 761.7 thous., and the average monthly salary (gross) was higher by 4.8 percent. y / y and amounted to 4 291.85 zł “- GUS has reported. Given June. average employment increased by 0.2 per cent., and wages by 0.9 percent.

According to the message GUS, the average monthly salary in enterprise sector excluding payments from profit in July 2016. amounted to 4 285.73 zł. thus, it was higher by 4 7 per cent. compared to the same period last year and by 0.8 per cent. to June.

For comparison, in June 2016. average employment in the enterprise sector was higher in annual terms by 3.1 percent. and amounted to 5 752.7 thous., and the average monthly salary was higher by 5.3 percent. and amounted to 4 252.19 zł. While the average monthly salary in enterprise sector excluding payments from profit in June. amounted to 4 250.51 zł.

Both figures were slightly better than expected. Eleven analysts polled by ISBnews expected that the increase in employment in the enterprise sector amounted to 3.1 percent. y / y in July (compared with an increase of 3.1 percent. y / y in June.). According to them, wages in the sector in July increased by 3,7-4,8 percent. y / y, with an average of 4.3 percent. y / y.

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