Gross wages and salaries

Indices of wages and salaries: first quarter 2022

Economic indicators
Indices of wages and salaries: first quarter 2022

The index of seasonally adjusted wages and salaries in industry amounted to 117.89 in the first quarter of 2022. This represents an increase of 7.7% compared to the first quarter of 2021.

The index of seasonally adjusted wages and salaries in construction amounted to 124.2 in the first quarter of 2022. This represents an increase of 6.4% compared to the first quarter of 2021.

The index of seasonally adjusted wages and salaries in trade and repair amounted to 116.66 in the first quarter of 2022. This represents an increase of 8.6% compared to the first quarter of 2021.

The index of seasonally adjusted wages and salaries in services amounted to 136.75 in the first quarter of 2022. This represents an increase of 16.2% compared to the first quarter of 2021.

The figures for the first of quarter 2022 are provisional.

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Purpose and brief description

Wages and salaries are defined as 'the total remuneration, in cash or in kind, payable to all persons counted on the payroll (including homeworkers), in return for work done during the accounting period' regardless of whether it is paid on the basis of working time, output or piecework and whether it is paid regularly or not.

Population

Employers NSSO exercising their economic activity in sections NACE Rev 2 B to N (Industry, construction, retail trade and services)

Frequency

Quarterly

Timing publication

Results available 3 months after the reference period

Definitions

Indices of Total Wages and Salaries : Wages and salaries are defined as 'the total remuneration, in cash or in kind, payable to all persons counted on the payroll (including homeworkers), in return for work done during the accounting period' regardless of whether it is paid on the basis of working time, output or piecework and whether it is paid regularly or not.

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