Trademagazin > News and articles > Market News > Analysts do not expect a substantial slowdown in earnings growth this year
Analysts do not expect a substantial slowdown in earnings growth this year
Analysts interviewed by MTI did not expect a substantial slowdown in wage growth this year, who also drew attention to fluctuations in the composition of employees, which could lead to uncertainty and bias in the statistics. Wage growth is expected to moderate next year, as employers are expected to be more cautious about wage negotiations due to the uncertain outlook, although this year’s wage dynamics are mostly fueled by raising the minimum wage.
According to a report by the Central Statistical Office (KSH) published on Friday, average gross earnings were 9.1 percent higher in August than a year before, and wages rose 9.9 percent in the first eight months of the year. Real wages in August were 5.0 percent higher than a year before. (MTI)
Related news
Mihály Varga: the sovereignty of the Hungarian economy and the domestic food industry must be strengthened
The future of Europe can be secured with equal, sovereign…
Read more >The domestic economy grew by 1.1% in the first quarter
In the first quarter of this year, the performance of…
Read more >
More related news >
Related news
Why are parcel locker providers getting stuck? This data points to the reasons
Parcel terminals are becoming increasingly popular: this year, nearly three-quarters…
Read more >Sustainability and health: the rise of plant-based dairy products in Hungary
In recent years, plant-based dairy alternatives have gained significant popularity…
Read more >Milk and dairy products are becoming more expensive: what is behind the price increase?
The price of milk and dairy products has increased significantly…
Read more >