Bulgaria's Dec Avg Monthly Salary Rises 4.4% M/M

Bulgaria's Dec Avg Monthly Salary Rises 4.4% M/M

The average monthly salary in Bulgaria rose by 4.4% month-on-month to 812 levs ($556/415 euro) in December, data issued by the country's statistics office showed.

In the fourth quarter of 2012 the average monthly salary totalled 789 levs, up by 8.5% compared to a year earlier, the National Statistics Institute (NSI) said in a statement.

In the October-December period, the average salary in the public sector grew by an annual 3.5%, while in the private sector it was up by 10.6%.

The highest annual increase of the average monthly salary in the fourth quarter, by 22.2%, was registered in ‘other services' group, followed by wholesale and retail trade where monthly wages rose by 17.8% on the year.

 

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