Analysts: a slowing, but still a significant wage growth
The wage growth is slowing, but is still significant – analysts told MTI. This year, an about 3.5 percent real wage growth can occur, according to the Savings Bank, while the ING expects a real wage growth of 2.5 percent without calculating the public employment.
According to the data of the Central Statistical Office (KSH) published on Friday, the average earnings grew by 3.6 percent in April, compared with a year earlier. Without counting the public employment it was 2.6 percent. Growth slowed compared to March, when a 4.9 and 3.2 percent annual increase occured in earnings. Calculating with the 0.3 percent annual decline in consumer prices in April real wages increased by 3.9 percent without the public employment real wages increased by rose by 2.9 percent. (MTI)
Related news
Consumption drives the economy
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >K&H Analyst Commentary: Hungarian wages continue to slow down
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Consumption increased by 3.4%
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
GfK study: This is how European commercial purchasing power has changed in 2025
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Analyst commentary: when is an interest rate cut expected?
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >These are the biggest misconceptions about protein consumption
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >