Gross wage increase can be double-digit next year

By: trademagazin Date: 2016. 11. 23. 11:42

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Next year with the realization of the contribution reduction agreement and wage increases the increase of gross wages can be up to double-digit on average – analysts told MTI.

According to the September wage statistics of the Central Statistical Office (KSH)released on Tuesday, Oszlay András, the analyst of Savings Bank also noted that the annual average inflation may increase to 2 percent. This year an at least 7 percent real wage growth is expected. The household consumption will continue to decisively contribute to economic growth – he added. (MTI)