Poland’s average gross wages rose in October, data from Statistics Poland showed on Thursday.

Average gross wages and salaries increased 4.7 percent year-on-year in October. Economists had forecast a rise of 4.6 percent.

On a monthly basis, average gross wages rose 1.6 percent in October.

Average paid employment declined 1.0 percent annually in October. Economists had forecast a 1.1 percent fall.

On a month-on-month basis, average paid employment rose 0.1 percent in October.

In October, admissions and restoring pre-pandemic full-time jobs in the units was observed, the agency said.

During the January to October period, average gross wages and salaries increased 4.5 percent. Average paid employment fell 1.0 percent.

The material has been provided by InstaForex Company – www.instaforex.com

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