Trademagazin > News and articles > Market News > Analysts: mid-year wage increases may maintain the further rise of real wages
Analysts: mid-year wage increases may maintain the further rise of real wages
Thanks to the mid-year wage increases that try to keep up with inflation, even taking into account the expected strong inflation, real wages may continue to grow in the second half of the year, but if they fall behind or become moderate, then the real wage index may fall into the negative range – analysts told MTI, commenting on the May earnings data.
According to the report of the Central Statistical Office (KSH), the gross average salary in May was 495,900 HUF, 14.9 percent higher than a year before, and the net average salary, calculated taking discounts into account, rose by 15.6 percent to 342,000 HUF. (MTI)
Related news
Rising prices of services are driving inflation – not food
Although food prices continue to be the focus of public…
Read more >Eggs are also becoming more expensive in the EU
According to data from the European Commission, the EU (EU27)’s…
Read more >Prices of both light and heavy lambs have also increased
According to the short-term forecast of the Food and Agriculture…
Read more >
More related news >
Related news
Rising prices of services are driving inflation – not food
Although food prices continue to be the focus of public…
Read more >MLBKT: BMI indicates further recovery in March
The seasonally adjusted March value of the Purchasing Managers’ Index…
Read more >Róbert Zsigó: margin stop is necessary
Tuesday’s data also proves that the margin freeze is necessary…
Read more >