Salaries 7.4% higher y/y in July

Average salary in the enterprise sector increased by 7.4 percent y/y in July to PLN 5,182.43, after an increase of 5.3 percent y/y in June, statistics office GUS stated. Employment in the sector increased in July by 2.7 percent y/y to 6.397 million. In monthly terms, average salary grew 1.5 percent and employment 0.1 percent.

“The biggest surprise is the significant increase in remuneration, which – after a weaker result in June – went back to a level exceeding 7 percent,” experts at the Ministry of Entrepreneurship and Technology commented. 

(PAP)