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Average earnings in Portugal are at the same level as in 2012

womenatworkThe Troika left Portugal in June 2014, but despite high hopes that this would herald an end to wage capping, a year later Portuguese workers were earning the same as they did two years before.

in the year to April last year, workers' base salary was €950, virtually the same as recorded in April 2012, despite the end of civil service salary reductions.

Women continue to earn less than men but their base salary has risen €10 to €849 per month.  Wages for men have dropped €2 to €1,035 per month. These figures are for the year to last April so do not take into account the recent Socialist government rise in the minimum wage.

21.4% of the country's workers earn the national minimum wage of €530 per month, figures for hotel and restaurant sector workers are higher at 29.9%.

The household savings fell to historic lows last year. The 4.2% savings rate was the lowest since at least 1999, the first year for which there are records.

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