Trademagazin > News and articles > Market News > An analyst interviewed by MTI expects a further increase in real wages and consumption
An analyst interviewed by MTI expects a further increase in real wages and consumption
Due to the low inflation, the increase in real wages can continue in Hungary, which supports the expansion of consumption this year – told the analyst interviewed by MTI on Friday.
According to the Friday report of the Central Statistical Office (KSH), the average gross earnings and the average net earnings in January to June 2014, were both 3 percent higher than in the same period of the previous year. The average gross earnings of the full-time employees amounted to 235,000 HUF. (MTI)
Related news
More related news >
Related news
GKI Analysis: Without EU funds, the domestic economy would just flounder
On May 1, Hungary marks the 21st anniversary of joining…
Read more >NGM: we always take action against unjustified price increases, inflation may decrease further in the coming months
The government is successfully fighting price increases. In April, inflation…
Read more >April inflation was higher than expected
In April, annual inflation was 4.2 percent, and prices rose…
Read more >