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Bulgaria Average Salary up by 16,3% in First Quarter of 2009

Business | May 18, 2009, Monday // 14:37| Views: 5963 | Comments: 0
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Bulgaria Bulgaria Average Salary Up by 16,3% for 2009 Q1 Y/Y: Bulgaria Average Salary up by 16,3% in First Quarter of 2009 The average salary went up by 2,7% to BGN 563 for 2009 first quarter compared to the last quarter of 2008. File photo

Bulgaria's average monthly salary increased by 16,3% for the first quarter of 2009 year-on-year.

The average salary went up by 2,7% to BGN 563 for 2009's first quarter compared to the last quarter of 2008, the National Statistical Institute reported Monday.

The biggest increase year-on-year is in the production and distribution of electricity, heat, and gas fuels - by 31,9%, followed by the 28,2% rise of those who work in health and social services.

The salaries of those who work in the financial and insurance sector increased only by 3,3% year-on-year.

The increase of earning as estimated at the end of March 2009 compared to the end of December 2008 is most significant in the trade, and car fixing businesses - up by 14%. In the construction sector, and hotel and restaurant business the increase was 10,1% for the same period.

There is a decrease by 10,9% in some government budget sectors, and by 6,5% in the education sector for the first three months of 2009 compared to the last quarter of 2008.

 

 

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