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: industrial production decreased by 4.9 percent in June compared to the same period of the previous year and by 1.2 percent compared to May
In June 2025, the volume of industrial production fell by…
Read more >MBH quick analysis: Industry performance remains subdued
Industry continues to deliver weak figures: in June, industrial production…
Read more >Fidelity survey: Investors defy general uncertainty
With the restructuring of global systems, investors must navigate an…
Read more >Related news
The Chamber launches free training for budding entrepreneurs
The Hungarian Chamber of Commerce and Industry (MKIK), in collaboration…
Read more >SPAR presents its own brand offering with Roland Sallai
SPAR Hungary is launching a nationwide campaign with Roland Sallai,…
Read more >Eszter Vitályos visited the Szobi factory: the brand beloved by Hungarians is experiencing a new era of glory
The Szobi brand name and its related products may be…
Read more >