The total gross monthly earnings per employee (per job) increased by 4.0% in the quarter ended in September 2022 (3rd quarter of the year), compared to the same period of 2021, to €1,353. The regular and the base components of those earnings increased by 3.8% and 3.7%, reaching €1,145 and €1,076, respectively. In real terms, considering the Consumer Price Index change, the total gross earnings decreased by 4.7%, while both the regular and the base monthly earnings decreased by 4.9%. These results cover 4.5 million jobs, corresponding to Social Security beneficiaries and to Caixa Geral de Aposentações subscribers.
Compared to September 2021, the largest increases in total gross earnings were observed in the activities of Education (section P; 7.1%), in enterprises of 1 to 4 employees (6.6%), in the private sector (4.9%), and in enterprises in High-technology services (6.4%). There were no decreases in total earnings and the lowest year-on-year changes were observed in the Public administration and defence; compulsory social security (section O; 0.5%), in enterprises of 500 employees or over (1.8%), in the Public sector (2.0%) and in the Financial and insurance activities (0.8%).