Categories: ConsumptionEconomy

Average wage in Portugal up 3.3%

&amp;NewLine;<p>In 2020&amp;comma; gross monthly earnings per worker rose by 2&amp;comma;9 &amp;percnt; to 1,314 euros&amp;comma; according to data published Thursday by the&amp;rsquo&amp;semi;Institut national de la statistique &amp;lpar;<a href&equals;"https&colon;&sol;&sol;www&period;ine&period;pt&sol;xportal&sol;xmain&quest;xpgid&equals;ine&lowbar;main&amp&semi;xpid&equals;ine">INE<&sol;a>&amp;rpar;&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<h2 class&equals;"wp-block-heading">The average wage in Portugal rose by 3&amp;comma;3&amp;percnt; <&sol;h2>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>The regular component increased by 3&amp;comma;3 &amp;percnt; to €1,073&amp;comma; and the <a href&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;smic-portugais-augmente&sol;">basic remuneration<&sol;a> increased by 3&amp;comma;4 &amp;percnt; to €1,007&amp;period; Changes in real terms were identical to nominal changes&amp;comma; according to INE&amp;period; In Q4&amp;comma; average gross monthly earnings per worker &amp;lpar;emploi&amp;rpar; increased by 3&amp;comma;5 &amp;percnt;&amp;comma; compared with the same period in 2019&amp;comma; to €1,473&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>The regular component of this remuneration increased by 3&amp;comma;4 &amp;percnt; and basic remuneration rose by 3&amp;comma;5 &amp;percnt;&amp;comma; reaching 1,078 and 1,012&amp;period; respectively; Given that the rate of change in the &amp;rsquo&amp;semi;consumer price index &amp;lpar;CPI&amp;rpar; was negative &amp;lpar;-0&amp;comma;2 &amp;percnt;&amp;rpar;&amp;comma; increases in average wages per worker in real terms were 3&amp;comma;7 &amp;percnt;&amp;comma; 3&amp;comma;6 and 3&amp;comma;7 &amp;percnt;&amp;comma; respectively&amp;comma; we read in their analysis&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>These results concern around 4&amp;comma;1 million jobs&amp;comma; corresponding to Social Security beneficiaries and Caisse Générale de Retraite&amp;period subscribers;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;

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