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)
Related news
KSH: in November consumer prices exceeded the same monthly values of the previous year by 3.7 percent
In November, consumer prices exceeded those of a year earlier…
Read more >
The price of stuffed peppers has increased by 9 percent
According to data from the Central Statistical Office, 90.61 thousand…
Read more >
KSH: Agricultural output in 2024 fell by 8.0 percent compared to the previous year
The total output of agriculture in 2024 amounted to over…
Read more >Related news
The Christmas season is starting earlier and earlier: value for money is the key
This year, 40 percent of Hungarians brought their Christmas shopping…
Read more >
They want it to be premium, but also sustainable – expectations of the youngest generation
GlobalData’s latest report, “Demographics in Retail and Apparel” – which…
Read more >
In six months, consumers donated 100 million forints to charitable causes through the mandatory redemption system
Through the deposit bottle return system, which began six months…
Read more >
