Real wages decline in Poland
October 30, 2012
Polish corporate wages will decline in real terms in 2012 for the first time in 20 years, the daily Rzeczpospolita reports, citing analysts.
In the first three quarters of 2012 average corporate wage stood at PLN 3679 gross, up by 3.7% year on year but inflation in the period stood at 4% with purchasing power declining by 0.2% in the period.
In the coming months wages' purchasing power will decline even more, analysts say.