Analysts: a significant increase in real earnings even without arms money

By: Trademagazin editor Date: 2022. 04. 27. 11:22

Excluding the effect of the payment of arms money corresponding to the six-month salary of law enforcement officers, real wages also increased significantly, despite high inflation, analysts reporting to MTI commented on the latest data from the KSH. Real wages are forecast to rise by 5-6 percent this year.

Real wages rise despite high inflation

According to a report by the Central Statistical Office (KSH) on Tuesday, the average gross earnings of full-time employees in February were 546 thousand HUF, 31.7 percent higher than a year earlier. (MTI)