KSH: net earnings rose 8.0 percent in April
The average monthly gross earnings in April were 6.4 percent higher than a year before, while net wages – due to the reduction in the tax rate – rose by 8.0 percent – the Central Statistical Office (KSH) announced on Tuesday. Excluding the public workers, gross earnings increased by 7.2, while net earnings increased by 8.8 percent.
In the private sector – excluding public workers – gross earnings increased by 5.1 percent, while net wages increased by 6.7 percent. In the budget sector, the growth was 13.3 and 15.0 percent. (MTI)
Related news
Mihály Varga: the sovereignty of the Hungarian economy and the domestic food industry must be strengthened
The future of Europe can be secured with equal, sovereign…
Read more >
The domestic economy grew by 1.1% in the first quarter
In the first quarter of this year, the performance of…
Read more >Related news
Márton Nagy: Domestic consumption is strengthening
Domestic consumption is strengthening, internal demand and the performance of…
Read more >
Eurozone inflation accelerated to 2 percent in October
On an annual level, the increase in consumer prices in…
Read more >
KSH: in August, the product foreign trade surplus was 443 million euros
In August, the volume of exports decreased by 5.6 percent…
Read more >
