KSH: earnings increased by 15.9 percent
In April, the average gross earnings of full-time employees were 507,500 HUF, excluding public employees 518,500 HUF. The net average salary calculated taking into account the discounts reached 349,700 HUF, excluding the discounts it was 337,500 HUF. Gross average earnings were 15.2 percent higher and net average earnings, taking into account discounts, were 15.9 percent higher than a year before, the Central Statistical Office (KSH) said on Friday.
Taking into account the 14.8 percent increase in average net earnings excluding discounts and the 9.5 percent inflation in April, real wage growth was 4.8 percent.
Regular average gross earnings are estimated at 457,300 HUF, 14.1 percent higher than in April of the previous year. (MTI)
Related news
The price of bone-in chicken breast and chicken breast fillet also decreased significantly
According to KSH data, Hungary’s poultry meat exports increased by…
Read more >Live pig exports have strengthened
According to data from the Central Statistical Office, Hungary’s live…
Read more >Potato export market revived
According to KSH data, the potato cultivation area and yield…
Read more >
More related news >
Related news
Why are parcel locker providers getting stuck? This data points to the reasons
Parcel terminals are becoming increasingly popular: this year, nearly three-quarters…
Read more >Sustainability and health: the rise of plant-based dairy products in Hungary
In recent years, plant-based dairy alternatives have gained significant popularity…
Read more >Milk and dairy products are becoming more expensive: what is behind the price increase?
The price of milk and dairy products has increased significantly…
Read more >