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Wage growth slows to 3.9% y-o-y in Q2


2012-08-09



The average gross monthly wage in the national economy amounted to just under PLN 3,497 (approx. €821) in the second quarter of 2012, which is 3.9% higher in nominal terms compared with the corresponding period of the previous year, the Central Statistical Office (GUS) reported. The figure marks a deceleration in wage growth from 5.2% y-o-y in Q1.

Adjusted for inflation, wage growth was negative in the second quarter, at -0.1% y-o-y, compared with an increase of 1.2% y-o-y in Q1.

In 2011 the average gross monthly wage in the national economy rose by 5.4% at current prices, which in real terms translated into growth of 1.2%.

Average gross monthly wage in Poland, Q1 2010-Q2 2012



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