Wages and Labour Costs in Romania

Instituto Nacional de Estadistica de Rumania · Trimestral

5.5% (Q1-26) YOY · % · Trimestral · CSV

About this indicator

Source	National Institute of Statistics Romania
Frequency	Trimestral
Release	Aproximadamente dos meses después del cierre del trimestre de referencia.
What it is	Tracks the evolution of wages and labour costs in Romania, that is the pay received by employees (gross wages and salaries and, depending on the measure, employers' social contributions). Published by the National Institute of Statistics (INS), it is a key reference for household income and cost-push inflation.
How it's calculated	Compiled from labour cost or earnings structure surveys and administrative records, and usually expressed as a rate of change (typically year-on-year, YoY) and as an index against a base year.
Market implications	Wages are both the main component of household income and a very large share of firms' costs, so their evolution is decisive for consumption and for the inflationary pressures watched by the National Bank of Romania (BNR). Rapid wage growth tends to raise concerns about pass-through to prices.
Limitations	Definitions and coverage are not always harmonised across countries. The data are sensitive to the composition of employment and to seasonal factors, and are subject to revision.