KSH: earnings increased by 9.8 percent in February
In February, both gross and net average earnings excluding benefits increased by 9.8 percent year-on-year. Net earnings, taking into account discounts, increased by 9.5 percent, the Central Statistical Office (KSH) reported on Thursday. Earnings growth picked up slightly in February, with annual earnings growth at 9.5 percent in January.
The average gross earnings of full-time employees – in enterprises with at least 5 employees, budgetary institutions and non-profit organizations significant for employment – were 414,400 HUF, excluding public employees, 425,100 HUF. (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 >
More related news >
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 >
