According to data from the National Statistics Institute (INE), net salary fell by 0.5% between July and September, the biggest drop since the beginning of 2014, when troika was imposed in the country, according to CM.
The average salary had been gradually recovering since the beginning of 2014. Between the end of 2021 and the 2nd quarter of this year, it gained €28, settling at €1,039 net monthly, the highest value according to INE data.
In the third quarter, due to the energy crisis and inflation, the average salary fell by €5 and you have to go back to the beginning of 2014 to find a greater setback in quarterly terms.
Net salary has biggest drop since 2014
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