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Saturday, November 23, 2024

Average pay increases monthly and annually

By: P.T., STA

The average gross pay in March was EUR 2,010, up 3.3% nominally and 3% in real terms compared to February.

The average net pay for March was EUR 1,291, which was 3% higher nominally and 2.7% higher in real terms, the Statistics Office said. Pay was also higher on an annual basis. The average gross pay in March this year was 14.3% higher than in March 2020, when the country was gripped by the Covid-19 epidemic. The average net pay rose by 12.6% year-on-year.

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