Romania’s average wage hits EUR 665 in June on higher earnings in the public sector

Romania’s average wage rose in June to EUR 665, an all-time high, mainly due to higher earnings in the public sector.

Romania’s average net monthly earnings rose by 15.5 percent year-on-year in June – compared with 14.7 in May – and by 1.3 percent month-on-month up to RON 3,142 (EUR 665), National Institute of Statistics (INS) data showed on Wednesday.

The highest wage increases were concentrated in the public sector.

Real wages increased by 11.2 percent between June 2018 and June2019, due to high inflation rate (3.8 percent in June, year-on-year).

The gross average monthly earnings increased to RON 5,127 (EUR 1,085) in June, from RON 5,078 (EUR 1,067) in May.

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The highest net monthly earnings were recorded in June in coke manufacturing and crude oil processing (RON 8,245, EUR 1,745) and in IT sector (RON 7,013, EUR 1,484), and the lowest in garment industry (RON 1,776, EUR 376).

Since the beginning of this year, the government has increased the minimum gross wage in Romania from RON 1,900 to RON 2,080 and introduced a separate minimum wage for workers in construction of RON 3,000.

Romania has the second lowest average wage among the European Union member states, after Bulgaria.

The total amount of wages paid by the Romanian employers rose last year by 17 percent compared with 2017, up to EUR 80.3 billion, an all-time high, mainly due to minimum wage and public sector wages’ increases.

In 2017, the amount of wages was EUR 68.5 billion, and this means that the total wage bill rose by almost EUR 12 billion last year, according to BR calculations based on Eurostat data.