Analysts: the labor market situation continues to improve

The labor market continues to improve. The private sector also contributed to the expansion of employment and real wages substantially expanded beside the negative inflation – the analysts of Buda-Cash and ING told MTI on Tuesday, in connection with the datas of the Central Statistical Office (KSH).

The Ministry of National Economy (NGM) in its communication sent to MTI highlighted that the increase in the number of jobs and the continuously increasing real wages put a positive impact on stabilizing the income of the population and contribute to the growth of teh domestic consumption demand as well. The recently published macroeconomic data also confirm that the country can reach the growth target of the government for 2014. (MTI)