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Press Release

Press release No. 493 of 25 November 2022 Gross domestic product: detailed economic performance results for the 3rd quarter of 2022

...Total gross wages and salaries rose 5.0% on a year earlier as the number of employees was up, too. The increase of net wages and salaries (+5.2%) was slightly larger than that of gross wages and salaries, one of the reasons being the downward effect of the Tax Relief Act 2022. The savings ratio (9.6%) was below the previous year’s value (10.4%) also in the third quarter of 2022. ...

Press Release

Press release No. 215 of 25 May 2022 Gross domestic product: detailed results on the economic performance in the 1st quarter of 2022

...This is especially due to the massive decrease in short-time work on the first quarter of 2021 and to high extra payments, in particular Covid-19 bonuses. The increase in net average wages and salaries of employees was slightly smaller (+5.0%) because social security contributions and wage tax rose more rapidly than gross wages and salaries. The disposable income of households was by 4.0% higher in the first quarter of 2022 than a year earlier. ...