Analysts: wage growth is expected this year

Gross wages increased better than expected in last December and this year due to the minimum wage increase and the recommended salary increases strong gross wages growth is expected, this may have negative consequences on employment  – shows the analysis of Erste and the Savings Bank, on the Central Statistical Office’s (KSH) Tuesday published earnings datas.

The gross average increased by 5.2, earnings, net average earnings calculated without the family allowances incereased by 6.4 percent compared to the previous year’s in 2011. In December, the average gross earnings were exceeded the previous year’s datas by 10.1 percent – reports MTI.