Analysts: the positive trend of earnings will remain

The trend in earnings will remain positive analysts told MTI. The Ministry of National Economy (NGM), commented the latest data: the steady increase in purchasing power of the earnings lasted for 22 months in October.

Németh Dávid, chief analyst, of the K&H Bank said the growth of real wages was 3.7 percent in October, which corresponds to the expectations, taking the effects of inflation into account. In most sectors wages have grown, so the rise wide – he added. For next year, the K&H Bank expects a net wage increase of 3 percent. By taking the projected average inflation rate into account the real wage growthcan be 2 percent in 2015. (MTI)