Real wages rose by 3.1 percent in January-August
The real wages – beside the 5.2 percent rise in consumer prices – increased by 3.1 percent, in the first eight months of the year, compared to the previous year mainly due to the personal income tax changes – reports the Central Statistical Office.
In August, real earnings increased by 2.0 percent compared to a year ago. Net earnings of workers in the private sector increased by 7.0, the net earnings of the workers of the budget increased by 3.4 percent in August, compared to the previous year. The average gross income of the full-time employees in January-August was 202,000 HUF – reports ProfitLine.hu.
Related news
Related news
The Cyclist-Friendly Service Provider of the Year was elected
The Hungarian Cycling Tourism Association (MAKETUSZ) has awarded the Cyclist-Friendly…
Read more >Arabica coffee price hits 47-year high
The futures price of arabica coffee has reached a 47-year…
Read more >Viktor Orbán: economic growth exceeding three percent is realistic next year
Economic growth exceeding three percent in 2025 is realistic in…
Read more >