KSH: earnings grew by 9 percent in March
In March, the average gross earnings were 400,400 HUF, 9.0 percent more than a year before. In the first quarter, both gross and net average earnings increased by 9.1 percent year-on-year, to 384,200 HUF and 255, 500 HUF respectively. Real wages rose 4.6 percent, with consumer prices rising 4.3 percent in the first quarter, the Central Statistical Office (KSH) reported on Thursday.
The economic consequences of the coronavirus pandemic only partially affected the period under review, so its effect is only partially reflected in the data, they added.
The regular average gross salary (calculated without bonuses, bonuses, one-month special benefits) in March can be estimated at 366,100 HUF which is 7.7 percent higher than a year before. (MTI)
Related news
Inflation rose again in June – rising fruit prices are pushing up prices
Annual inflation rose to 4.6 percent in June, compared to…
Read more >KSH: consumer prices exceeded the same month of the previous year by an average of 4.6 percent, and May prices by 0.1 percent
In June 2025, consumer prices were 4.6 percent higher on…
Read more >Large decline in foreign trade of live pigs
According to the Central Statistical Office (KSH), Hungary’s live pig…
Read more >
More related news >
Related news
Carrefour launches its first AI-based solution in Spain
French retail chain Carrefour has chosen Spain to implement its…
Read more >Gösser Spritz display from Hungary wins two POP world titles
This year a Hungarian Gösser Spritz display – the winner…
Read more >Valeo Foods Group buys Italian panettone maker Melegatti 1894
The acquisition is the second Valeo Foods Group has announced…
Read more >