purchasing power

Two months ago, a news item generated “sensational” headlines in the business media – Romania surpassed Poland in GDP per capita at PPS (purchasing power standard). Indeed, updated data shows that Romania recorded a GDP per capita at...

The number of employees in Bucharest reached 1,093,506 in June this year, that is, 19% of the total 5,754,304 active employees in Romania worked in the capital, according to NIS and MLSP data analyzed by CursDeGuvernare. In the...

National gross average salary income for November 2018 was RON 4,658, 2.8% more than in the previous month, according to INS data. National nominal net average income increased by 2.6% to 2,792 lei, reaching the RON 600 threshold...

The average gross wage announced by the INS for May 2018 was 4,512 lei, 0.4% lower than in the previous month. Net nominal average wage decreased by 0.3% and reached 2,704 lei, exactly the same as in March....

The price level in Romania stood at 52% of the EU average in 2017, according to data provided by Eurostat for 2017 on the relative cost of goods and services in the member countries. This level placed us...

  The national gross average salary announced by the INS for March 2018 was 4,488 lei, 8.7% higher than in the previous month. Net nominal average salary increased at the same pace and reached 2,704 lei not only...