KSH: The average gross earnings were 511,400 HUF in March

By: Trademagazin editor Date: 2022. 05. 24. 11:50

In March, the average gross earnings of full-time employees were 511,400 HUF, and the average net earnings calculated taking into account the benefits were 352,200 HUF. Gross average earnings were 17.5 percent higher and net average earnings, including discounts, were 18.1 percent higher than a year before, the Central Statistical Office (KSH) said on Tuesday.

Real earnings up 8 percent year-over-year

Taking into account the 8.5 percent inflation in March and the 17.3 percent increase in net average earnings excluding discounts, real earnings were 8.1 percent higher than a year before.

The regular gross average salary was 459,700 HUF, 15.5 percent higher than in March last year. (MTI)