Sándor Czomba: the purchasing power of salaries has been continuously increasing for more than 1.5 years

By: Trademagazin Date: 2025. 07. 16. 12:15

🎧 Hallgasd a cikket: Nyelv: Sebesség: 1.05×

Brussels has been pursuing a flawed economic policy for a long time, supporting war instead of peace and giving all available money to Ukraine. The government is not spending Hungary’s resources on Ukraine, but on supporting the Hungarian population, especially families with children, Sándor Czomba, State Secretary for Employment Policy at the Ministry of National Economy (NGM), emphasized in his Wednesday commentary on the latest earnings data in a ministry statement.

The government is constantly working to ensure that wages continue to rise and that families can manage with more and more money, and thus spend more. To this end, it is implementing Europe’s largest tax cut program, while taking decisive action against unjustified price increases. The government’s goal is to ensure that the positive impact of rising wages and tax cuts is also felt on the wallets of Hungarian families, he reminded.

He cited the latest data from the Central Statistical Office, according to which the gross average salary increased to 702,800 forints in May 2025, which represents an increase of nearly 51,000 forints, or 7.8 percent, compared to the same period of the previous year. In May, real salaries increased by 3.2 percent, so the purchasing power of salaries has been continuously increasing for more than 1.5 years – the State Secretary emphasized.

Sándor Czomba highlighted: the number of employed people has increased by 1 million compared to 2010, while the average salary has more than tripled and the minimum wage has quadrupled. Salaries are also worth more, so families can manage with more money and thus spend more.