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
KSH: industrial production decreased by 3.9 percent in January
In January 2025, the volume of industrial production fell by…
Read more >The price of imported salads has increased
According to KSH data, Hungary’s head lettuce imports decreased by…
Read more >KSH: in February consumer prices exceeded those of a year earlier by an average of 5.6 percent
In February 2025, consumer prices were 5.6 percent higher than…
Read more >
More related news >
Related news
Margin is very much not profit
The government announced that it would introduce a margin cap…
Read more >Margin freeze in Hungary: Who is affected and is government intervention really justified?
The Hungarian government will introduce a margin restriction on certain…
Read more >China’s retail sales skyrocket in the first two months of the year
China’s industrial output grew 5.9 percent year-on-year in the first…
Read more >