Analysts: encouraging earnings growth

According to analysts interwieved by MTI, the growth in earnings is encouraging. The Savings Bank expects a 4 percent, while the K&H expects a 3.5 percent growth in real wages this year.

Suppan Gergely, analyst of the Savings Bank told that this year the average wage increase is expected to be around 4 percent, due to the inflation close to stagnation.

According to Németh Dávid, Leading macroeconomic analyst of K&H Bank Zrt. the February growth of earnings meets the expectations. Since there is virtually no inflation, the real wage increase this year may roughly increase by 3.5 percent – he added. (MTI)