KSH: The average gross salary in May was HUF 567,800

By: Trademagazin Date: 2023. 07. 25. 10:47

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The gross average earnings of those employed full-time was HUF 567,800, and the average net earnings calculated with discounts taken into account was HUF 391,500 in May 2023, the Central Statistical Office announced on Tuesday.

According to the information, in May the gross average earnings were 17.9 percent higher and the net average earnings 17.7 percent higher than a year earlier.

The regular gross average earnings calculated without premiums, bonuses and one-month special benefits can be estimated at HUF 527,900, which is 16.9 percent higher than a year earlier. The regular gross average earnings in enterprises amounted to HUF 534,000, in the budget sector to HUF 504,800, and in the non-profit sector to HUF 533,300, rising by 18.5, 13.2, and 12.6 percent, respectively, in one year.

The average net salary in May reached HUF 377,600 without discounts and HUF 391,500 with discounts, which was 17.9 and 17.7 percent higher than a year earlier, respectively.