KSH: gross average earnings were HUF 645,300 in April 2024, 13.5 percent higher than a year earlier

By: Trademagazin Date: 2024. 06. 21. 12:09

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In April 2024, the gross average salary of those employed full-time was HUF 645,300, and the net average salary calculated with allowances in mind was HUF 444,000. The gross average wage increased by 13.5 percent, the net average wage by 13.4 percent, and the real wage by 9.5 percent compared to a year earlier, the Central Statistical Office (KSH) reported on Friday.

The median value of gross earnings reached HUF 516,000, and the median value of net earnings reached HUF 357,900, which was 16.6 and 16.7 percent higher than last April, respectively.

In April, the regular gross average earnings (without premiums, bonuses, one-month special benefits) can be estimated at HUF 596,200, which was 13.9 percent higher than in the same period of the previous year. The regular gross average earnings for businesses amounted to HUF 592,500, in the budget sector to HUF 600,600, and in the non-profit sector to HUF 620,700, rising by 11.7, 20.7, and 17.7 percent, respectively, in one year, the KSH announced.