Real wages rose by 3.1 percent in January-August
{mso-style-name:"Normál táblázat";
mso-tstyle-rowband-size:0;
mso-tstyle-colband-size:0;
mso-style-noshow:yes;
mso-style-parent:"";
mso-padding-alt:0cm 5.4pt 0cm 5.4pt;
mso-para-margin:0cm;
mso-para-margin-bottom:.0001pt;
mso-pagination:widow-orphan;
font-size:10.0pt;
font-family:"Times New Roman";
mso-ansi-language:#0400;
mso-fareast-language:#0400;
mso-bidi-language:#0400;}
--> 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
This year will truly be the year of data management
Although inflationary pressures eased a bit in 2024, consumers have…
Read more >DLA Piper Hungary / Omnibus proposal: necessary simplification or step back in sustainability efforts?
On February 26, the so-called Omnibus proposal aimed at simplifying…
Read more >Slow Food Deutschland criticises insect-as-food approach in Europe
Slow Food Deutschland has criticised the use of insects as…
Read more >