Analysts: wage growth still persist
Wages will rise by 13 to 14 percent this year, and this growth rate will continue next year, according to macroeconomic analysts interviewed by MTI.
According to data published by the Central Statistical Office (KSH) on Wednesday, the gross average earnings grew by 13.1 percent in July, compared with a year before. The growth rate of earnings slowed only slightly after the 14.4 percent in June. (MTI)
Related news
IKEA has achieved significant growth in the 2022-2023 business year
IKEA achieved considerable success in the 2022-2023 business year in…
Read more >Mihály Varga: the sovereignty of the Hungarian economy and the domestic food industry must be strengthened
The future of Europe can be secured with equal, sovereign…
Read more >
More related news >
Related news
Holiday Shopping Study 2024: European Consumers Plan Ahead Amid Economic Pressures
The “Holiday Shopping Study 2024,” conducted by ShopFully and Offerista…
Read more >Oversupply in the office market, returning demand in retail properties and hotels expected in 2025
The Hungarian commercial real estate market is currently characterized by…
Read more >Sándor Czomba: the minimum wage will increase by nine percent next year
The minimum wage will increase by nine percent next year,…
Read more >