In the fourth quarter of 2016, average gross wage in Lithuania increased by 8.7 percent compared to the same quarter a year ago, announced Statistics Lithuania on Friday.
Average real net wage increased by 7.9 percent in the fourth quarter, compared to the same period a year ago. At the end of last year average monthly gross wage in the country reached 822.8 euros (872.9 U.S. dollars), while average net wage was 636.9 euros.
The fourth quarter marks an acceleration of wage growth in the Baltic country, in the third quarter of 2016 gross wages increased by 7.9 percent, compared to the period a year ago.
Wage growth in the end of last year was driven by minimum wage hike, increased pay for teachers and social workers and higher bonuses, noted Statistics Lithuania. Economists pointed to structural economic problems.
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