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In November 2022 National Average of Nominal Wage of Farm Laborer per day increased by 0.25 Percent.

In November 2022 National Average of Nominal Wage of Farm Laborer per day increased by 0.25 Percent.
Release Date : December 1, 2022
File Size : 3.26 MB

Abstract

  • The nominal wage is the average daily wage a laborer receives as remuneration.
  • Real wage represents the purchasing power from remuneration received by the laborer.
  • The real wage of a farm laborer’s is the ratio between the farm laborer‘s nominal wage and the price index of household consumption (IKRT). In contrast, the real wage of a construction worker is the ratio between the nominal wages of construction workers and the urban consumer price index.
  • In November 2022, the national average nominal wage of farm laborers per day increased by 0.25 percent compared to October 2022, from Rp58,946.00 to Rp59,096.00. Meanwhile, the real wage per day increased by 0.09 percent.
  • In November 2022, the national average nominal wage of construction workers (skilled non-foreman) per day increased by 0.18 percent compared to October 2022, from Rp93,865.00 to Rp94,034.00. Meanwhile, the real wage per day increased by 0.09 percent.
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