Analysts say wage growth may remain
Wage growth may continue in the coming months, according to analysts interviewed by MTI who report that wages will rise by 13 percent on average this year.
The Central Statistical Office (KSH) published August’s wage data on Thursday. According to the data, the gross average wage was 13.2 percent higher than a year before. In August, growth in bonuses and other one-off payments was 31.0 percent. The adjusted increase in earnings was 12.4 percent. (MTI)
Related news
KSH: retail turnover increased by 4.2 percent compared to the same period of the previous year, and by 2.0 percent compared to the previous month
According to raw data, the volume of retail sales in…
Read more >Hungarian imports and exports also fell in March
In the month of March, Hungarian exports and imports also…
Read more >The foreign trade balance of fresh spinach was negative in 2023
In Hungary, spinach is one of the earliest outdoor vegetables. According…
Read more >Related news
KSH: retail turnover increased by 4.2 percent compared to the same period of the previous year, and by 2.0 percent compared to the previous month
According to raw data, the volume of retail sales in…
Read more >Significant increase in retail trade – sector outlook
In March, retail sales volume increased significantly by 2% compared…
Read more >NGM: the recovery of consumption is becoming more and more dynamic, retail turnover increased by 4.2 percent in March, which means that consumption has increased for three consecutive months
Based on the latest data from the Central Statistical Office…
Read more >