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Average monthly salary decreased by 4% in 2022

Inflation has made the average Portuguese contract salary 4% in 2022. According to data released this Thursday by the National Institute of Statistics (INE), for every 1,000 euros of income, the evolution of the consumer price index (IPC) has stolen 40 euros. . The total average monthly gross wage (which includes wages, all allowances, bonuses and overtime) per employee was set at 1,411 euros.

It was in the primary sector (agriculture) that wages were lower, on average 885 euros, while activities related to “electricity, gas, steam, hot and cold water and cold air” paid the best, with a total remuneration per month 3151 euros.

The salaries of civil servants (public administrations) increased by 2% to 1951 euros (on average). In the private sector, growth was 4.6% higher, but the overall average wage was lower: 1,302 euros. Adjusted for inflation (which reached 10.1% in October 2022), revenues in the state fell by 5.6%, and in the private sector by 3.1%.

Author: Miguel Alexander Ganan([email protected])
Source: CM Jornal

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