Net earnings nearly increased by three percent
Real wages – beside the 5.1 percent rise in consumer prices – rose by 2.9 percent in January-September, mainly due to changes in the rules of the personal income tax – reports the Central Statistical Office.
In the first three quarters, gross average earnings were 2.4, net earnings were 8.2 percent higher than in the previous year. In the business sector gross average earnings increased by 4.1 percent, in the field of the budget – because of the increase of the low-paid public servants – a 1.1 percent decrease occured in the gross average earnings, compared to the same period of 2009 – reports KSH.
Related news
Related news
Sharp price competition and challenges in the Hungarian food industry
Serious price competition has developed on the Hungarian food market,…
Read more >Hungarian customers want a stress-free Christmas: they shop online in advance and spend over HUF 100,000 on gifts
Hungarians plan to spend more than HUF 100,000 on Christmas…
Read more >The rise in food prices has fallen, and no significant increase in prices is expected until the end of the year
In the past two years, consumers in Hungary experienced a…
Read more >