KSH: earnings increased by almost 9 percent
In March, the average gross earnings of full-time employees were 435,200 HUF, and the average net earnings excluding benefits were 289,400 HUF for enterprises with at least 5 employees. At budgetary institutions and non-profit organizations, it was both 8.7 percent higher than a year before, the Central Statistical Office (KSH) reported on Friday.
With inflation at 3.7 percent in March, real earnings were 4.8 percent higher than in March last year.
Compared to 9.8 percent in February, the pace of wage growth slowed by 1.1 percentage points as inflation also accelerated. Real wage growth slowed by 1.7 percentage points from 6.5 percent. (MTI)
Related news
IMF: this year’s outlook for the world economy has improved minimally
According to the International Monetary Fund (IMF), overall, this year’s…
Read more >KSH: The number of foreign guest workers in Hungary has increased
According to the latest data from the Central Statistical Office…
Read more >The processing selling price of wines has increased
According to AKI PÁIR data, the sales price of domestically…
Read more >
More related news >
Related news
Twenty years in the EU: how has Hungarian consumption changed?
On 1 May 2004 ten new member states joined the…
Read more >Carefree consumers? Considerable differences in the middle-aged camp
Although inflation receded, the income of middle-aged people did not…
Read more >18+! Will cola be next after the energy drink?
According to the new regulations coming into force in Hungary,…
Read more >