KSH: earnings increased by 9 percent in April
In April, the average gross earnings of full-time employees reached 371,100 HUF. By excluding public employees, the increase was 381,100 HUF which is an increase of 9.0 and 7.9 percent, compared to the previous year – the Central Statistical Office (KSH) announced on Friday. The annual increase in earnings was 10.2 percent in the previous month and 9.1 percent, excluding public employees.
The net average earnings were 246,800 HUF by excluding discounts, and 254,300 HUF including discounts, which is 9.1 percent higher, compared to the same period of last year.
In the first four months of the year, net average earnings excluding gross and discounts increased by 10.4 percent and net earnings by 10.5 percent, compared to the same period of last year. (MTI)
Related news
The price of bone-in chicken breast and chicken breast fillet also decreased significantly
According to KSH data, Hungary’s poultry meat exports increased by…
Read more >Live pig exports have strengthened
According to data from the Central Statistical Office, Hungary’s live…
Read more >Potato export market revived
According to KSH data, the potato cultivation area and yield…
Read more >Related news
Holiday Shopping Study 2024: European Consumers Plan Ahead Amid Economic Pressures
The “Holiday Shopping Study 2024,” conducted by ShopFully and Offerista…
Read more >Oversupply in the office market, returning demand in retail properties and hotels expected in 2025
The Hungarian commercial real estate market is currently characterized by…
Read more >Sándor Czomba: the minimum wage will increase by nine percent next year
The minimum wage will increase by nine percent next year,…
Read more >