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By the end of the year, the expectations are for inflation to exceed 7%, which could lead to the revision of salary budgets
The increase in the inflation rate puts pressure on the salary increases budgeted by private companies in Romania for 2022, previously estimated at an average of 7%, which should be revised upwards by two to three percentage points, to compensate for the erosion of purchasing power, according to the second part of the PayWell 2021 study, conducted by PwC Romania.
For more information, please see the Romanian version of the article, here.
