Average monthly salaries down by 1.2% YoY in Q1’22

16.05.2022 Source: NSI; FFBH

Q1’22 average monthly wages and salaries decreased by 1.2% YoY while registered and increase by 9% QoQ to BGN 1 593, the National Statistical Institute revealed. The highest growth on annual basis was observed in “Financial and insurance activities” (+6.9%), while the highest decrease in “Education’’ (-16.6%). The economic activities with the highest wages and salaries in Q1’22 were “Information and communication” (BGN 4 060), “Financial and insurance activities” (BGN 2 540) and “Professional, scientific and technical activities” (BGN 2 264) while the lowest were in “Accommodation and food service activities” (BGN 964). “Agriculture, forestry and fishing” (1 005) and “‘Other service activities” (BGN 1 088).