Average wage increase at 1 percent
In the first five months of 2009, the gross average wage 1.4 percent higher than a year earlier; in the case of net wages the increase was 1 percent. KSH’s report indicates that real wages are now 2.1 lower than in the same period of 2008. In the competitive sector wages grew by 0.3 percent, while in the budgetary sector they diminished by 7.8 percent. Full-time employees earned HUF 197,500 gross, those employed by enterprises received HUF 196,000 per month, at budgetary institutions the average salary was HUF 204,100.
Related news
More related news >
Related news
Sharp price competition and challenges in the Hungarian food industry
Serious price competition has developed on the Hungarian food market,…
Read more >Hungarian customers want a stress-free Christmas: they shop online in advance and spend over HUF 100,000 on gifts
Hungarians plan to spend more than HUF 100,000 on Christmas…
Read more >The rise in food prices has fallen, and no significant increase in prices is expected until the end of the year
In the past two years, consumers in Hungary experienced a…
Read more >