KSH: in May, the average gross salary was 495,900 HUF
The gross average earnings of part-time employees was HUF 495,900, 14.9 percent higher than a year earlier, and the net average earnings, calculated taking into account discounts, rose by 15.6 percent to HUF 342,000, the Central Statistics Office (KSH) announced on Monday.
The regular gross average earnings, calculated without premiums, bonuses, and one-month special benefits, can be estimated at HUF 461,700, 14.3 percent higher than last May. The increase in the average wage was primarily due to the wage increases already partially scheduled in advance, as well as the increase in the minimum wage and the guaranteed minimum wage, the KSH added.
Related news
KSH: retail turnover exceeded the same period of the previous year by 0.4 percent, decreased by 0.5 percent compared to the previous month
In March, the volume of retail sales in Hungary decreased…
Read more >Viktor Orbán spoke about the extension of the margin freeze
A decision on extending the margin freeze to household and…
Read more >Eurozone manufacturing activity improved in April, but still shows weak performance
The pace of decline in eurozone manufacturing activity slowed to…
Read more >Related news
BKK prepares for Transport Culture Day with a city walk and cinema
The Day of Transport Culture focuses on the mutual attention…
Read more >Hungarians are more likely to have cats – these are the products they order for their pets
The demand for pet products on foodora has doubled in…
Read more >Baby-Mama Coupon Days are back, this year families can enjoy up to 50% off!
Between May 8th and 11th, the Baby-Mama Coupon Days will…
Read more >