Net wage income declines to RON 1,411 in February

Nominal net wage income in Romania stood at RON 1,411 in February 2010, down RON 15 from the month before, or 1.1 percent, according to data with the National Statistics Institute (INS).

The highest net wage income in nominal terms was reported in the financial intermediation business – RON 3,226 – while the lowest such income was reported in the hospitably and restaurants industry – Ron 775. Nominal gross wage income stood at RON 1,940 in February 2010, down 1.4 percent from January 2010. The February 2010 real wage income index calculated as a ratio of the nominal net wage income to the consumer price index was 98.7 percent.

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