Hay Group: a real wage growth above the European average is expected this year in Hungary

In Hungary, a higher than the European average real wage growth is expected this year – according to the latest survey of the Hay Group international management consulting firm. The survey’s results were sent to MTI on Thursday.

The study found that an average salary increase of 2.6 percent is expected in Hungary in 2015, which can be 2.3 percent real wage growth, beside the extremely low, 0.3 percent expected inflation. The wages in Europe will grow with an average of 3.1 percent overall, which will bring a 1.6 percent real wage growth, beside the 1.5 percent expected inflation. (MTI)