OECD expects the wage convergence in Hungary
The increase in earnings was the second highest last year in Hungary among the 28 member states of the European Union – Szalai Piroska, advisor of the Ministry of National Economy told Magyar Idők.
She pointed out that all signs suggest that this year’s real earnings rise above the eight percent in real terms that will result in a gross salary increase of around ten percent.
According to the OECD’s forecast issued in December, based on the dollar base, the biggest wage increase in 2018 is expected in Hungary. (magyaridok.hu, Nagy Kristóf)
Related news
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 >NGM: the “150 new factories” program helps restore industrial production
According to data from the Central Statistical Office, the volume…
Read more >NGM is satisfied with the increase in retail turnover Visszajelzés küldése Oldalsó panelek Előzmények Mentve Fordítási találatok állnak rendelkezésre
The March slowdown in retail sales is merely a temporary,…
Read more >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 >