Monthly Statistical Bulletin, August 2022

AUGUST 2022 29 MONTHLY STATISTICAL BULLETIN Average gross monthly earnings per employee increased by 3.1% to €1,439 in the 2nd quarter of 2022; in real terms, it decreased by 4.6% In the 2nd quarter of 2022, compared to the same period in 2021: • Average total gross monthly earnings per employee (per job) increased by 3.1% to €1,439; • The regular pay component (excluding holiday and Christmas subsidies) rose by 2.5% to €1,139; • The base component of earnings, which grew in the same proportion (2.5%), stood at €1,069; • In real terms – i.e., considering the rate of change in the Consumer Price Index – they registered the following year-on-year rates of change: » Average total gross earnings: -4.6%; » Regular component: -5.1%; » Base earnings: -5,1%; • The number of employees (jobs1) increased by 5.6%. Average monthly gross earnings per employee Apr-21 May-21 Jun-21 Jun-22 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 1,439 1,000 1,100 1,200 1,300 1,400 1,500 1,600 1 Each employee is counted as many times as the number of jobs registered with the Social Security and Caixa Geral de Aposentações. For further information, see the Methodological note at the end of the press release used for this synthesis, which can be accessed under "More information is available at". Average monthly gross earnings per employee (year-on-year rate of change) Jun-21 Jun-22 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 3.1% 0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 6.0%

RkJQdWJsaXNoZXIy MjM5MTA=