December 9, 2022

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Average wages and inflation.  How does the payment actually change?

Average wages and inflation. How does the payment actually change?

  • The government is proud that the average wage in Poland is growing at a rate of several percent annually. In fact, however, real wages are falling for the second month in a row
  • In total, since 2005, inflation ate almost 2.5 thousand. PLN of national average
  • The outlook is not optimistic. In the following months, inflation will accelerate to about 17%, in contrast to the dynamics of wage growth, which will remain around 12.5-13%.
  • The real fall in wages and salaries will have an effect on consumption. ING’s chief economist hopes the government won’t want to go after inflation at any cost, because it will hurt everyone
  • More such information can be found on the home page of Onet.pl