KSH: the gross average earnings are the lowest in the hospitality sector

By: Trademagazin Date: 2023. 03. 28. 10:48

In January 2023, the gross average salary of those employed full-time was HUF 528,000, and the net average salary calculated with allowances in mind was HUF 363,900. The gross average earnings were 16.1 percent and the net average earnings 16.0 percent higher than a year earlier, the Central Statistical Office (KSH) reported on Tuesday.

The gross average earnings were the highest in the information and communication sector (HUF 867,400), and the lowest in the accommodation and hospitality sector (HUF 349,700).

The regular gross average earnings (without premiums, bonuses, one-month special benefits) can be estimated at HUF 502,900, which is 17.3 percent higher than a year earlier. The regular gross average earnings for enterprises amounted to HUF 505,600, in the budget sector to HUF 489,800, and in the non-profit sector to HUF 513,600, which means an increase of 18.2, 15.3, and 14.0 percent respectively in one year.

The net average earnings without discounts reached HUF 351,100, including discounts, HUF 363,900, 16.1 and 16.0 percent more than a year earlier.