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Financial News: Poland Average Gross Wages Grow Less Than Expected

Poland Average Gross Wages Grow Less Than Expected

12/18/2019 - 06:28:00 (RTTNews)

(RTTNews) - Poland's average gross wages grew at a slower-than-expected rate in November, data from Statistics Poland showed on Wednesday.

Average gross wages and salaries rose 5.3 percent year-on-year in November. Economists had expected a 6.0 percent increase.

On a monthly basis, average gross wages rose 0.3 percent in November.

Average paid employment grew 2.6 percent annually in November and rose 0.2 percent from the preceding month.

During the January to November period, average gross wages and salaries increased 6.7 percent. Average paid employment rose 2.7 percent.

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