Analysts: wages increased significantly in June

Wages increased significantly in June. The growth is mostly influenced by the continued strong demand for labor, analysts say.

The Central Statistics Office announced on Friday that in June gross average earnings were 364,800 HUF, 10.6 percent higher than a year before.

Molnár Dániel, an analyst of Századvég told MTI that earnings in June were still rising at a rate above 10 percent. Wage growth continues to exceed the increase of minimum wage at the beginning of the year. (MTI)