Analysts: dynamic wage increase remain this year
Until the end of this year, the rate of wage growth will remain around 10 percent, which will also be helped by the composition effect, with the exclusion of part-time or reserve employees from the statistics who were previously among the lower earners.
The pace of growth is stable and wage increases resulting from the agreements will remain stable, but next year companies will be more cautious about such commitments, analysts told MTI commenting on the latest data from the Central Statistical Office (KSH). (MTI)
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 >KSH: industrial production stagnated in March
In March 2025, the volume of industrial production remained at…
Read more >NGM: the “150 new factories” program helps restore industrial production
According to data from the Central Statistical Office, the volume…
Read more >
More related news >
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 >