KSH: the average earnings reached a double digit growth in May
In May, gross and net average earnings were 12.9 percent higher than in the same period of the last year, after the 14.6 percent growth of April and the 12.8 percent growth of March, according to the Central Statistical Office (KSH).
In the first five months of the year, wages rose by 12.1 percent.
On national economy level, the average net wage calculated without the family allowance was 192 thousand forints in January-May. This year the tax relief for families with two children has also risen, the net earning average estimated to be 200,000 forints, the report said. (MTI)
Related news
KSH: industrial production decreased by 3.9 percent in January
In January 2025, the volume of industrial production fell by…
Read more >The price of imported salads has increased
According to KSH data, Hungary’s head lettuce imports decreased by…
Read more >KSH: in February consumer prices exceeded those of a year earlier by an average of 5.6 percent
In February 2025, consumer prices were 5.6 percent higher than…
Read more >Related news
OKSZ: margin is not profit!
The international food retailer member companies of the National Trade…
Read more >Viktor Orbán on Kossuth Radio: traders cannot add more than 10 percent to the purchase price
Traders cannot add more than 10 percent to the purchase…
Read more >GKI Analysis: Why are food prices constantly rising?
In recent times, the rise in the prices of basic…
Read more >