Wages on the rise

Wage packets are starting to show steady growth, data published Monday by the Central Statistical Bureau of Latvia showed. 

 

 

In the third quarter of 2013 monthly average gross wages and salaries increased by 7.4% (from €722 to €775) compared to the same period in 2013.

In the private sector wages and salaries rose faster – by 8.5% annually, but in the public sector – by 5.6%.

However the average gross wages and salaries in the private sector were lower, amounting to €753, compared to €819 in the public sector. 

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Economy
Economy