Average Salaries Increase 13.3 Percent In 4Q11

The average salary of workers in Peru’s capital, Lima, increased 13.3 percent in the last quarter of 2011 versus the year-ago period, the National Statistics Institute, INEI, said on Monday.

The average wage was 1,274.8 soles (approximately $473) a month in the fourth quarter of 2011, which represents an increase of 149.5 soles from the fourth quarter of 2010, state news agency Andina reported.

The average salary among men was 1,493.9 soles, while for women it was 991.5 soles, INEI said.

The age group with the biggest boost in salaries was that of 45 years and older, which saw its wages increase on average by 17.7 percent.

Workers between 25 and 44 years old saw a 11.6 percent increase, while those between 14 and 24 years old saw a 10.7 percent rise.

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