KSH: the increase in earnings has accelerated
In November, the average gross earnings amounted to 285 800 HUF, which is a 8.2 percent increased over the year, while due to changes in average net income of the personal income tax rules increased by 9.8 percent compared to the same month of the previous year – the Central Statistical Office (KSH) announced on Friday.
In October, gross average earnings increased by 5.4 percent, while the net average earnings increased by 7.0 percent.
Calculating with the 1.1 percent annual inflation rate in November, the increase in real wages amounted to 8.6 percent in November.
Related news
The foreign trade balance of fresh spinach was negative in 2023
In Hungary, spinach is one of the earliest outdoor vegetables. According…
Read more >KSH: in February, the product foreign trade surplus was 1.7 billion euros
In February 2024, the export volume exceeded 3.4 percent, while…
Read more >K&H: the inflation anomaly is clearly visible, but customers perceive it differently
Although inflation has slowed down a lot, according to the…
Read more >Related news
The latest issue of Trade magazin is out now!
The digital version is available with more content once again…
Read more >FAO: global food prices increased for the second month in April on a monthly basis
In April, global food prices rose for the second month…
Read more >Beauty care travels at breakneck speed
Beauty care is one of the fastest growing markets in…
Read more >