KSH: earnings continued to grow
Earnings rose 8.2 percent in May from a year before. The average gross earnings of full-time employees of enterprises with at least 5 employees, budgetary institutions and non-profit organizations significant for employment were 431,600 HUF and the average net earnings excluding benefits were 287,000 HUF, the Central Statistical Office (KSH) reported on Friday.
With inflation at 5.1 percent the same as the previous month, real earnings rose 2.9 percent in one year from 4.8 percent in April, when earnings rose 10.1 percent.
The regular average gross earnings calculated without bonuses, bonuses and one-month special benefits can be estimated at 402,900 HUF, 7.8 percent higher than a year before. (MTI)
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 >Domestic nectarine and peach production has decreased by a third
According to Europêch’s forecast, in the four leading peach and…
Read more >KSH: in July, consumer prices exceeded the values of the same month of the previous year by an average of 4.3 percent, and those of June by 0.4 percent
In July, consumer prices were 4.3 percent higher on average…
Read more >
More related news >
Related news
Lidl Switzerland Sees ‘Record’ Growth In Cheese Exports In 2024
Lidl Switzerland saw record cheese export growth in 2024, marking…
Read more >Non-alc beer brand Heaps Normal gets Robbie Williams backing
The brand’s “core range” is being rolled out across “select…
Read more >Arla Foods invests in Bahrain cheese production expansion
The dairy group expects the investment to boost the Bahrain…
Read more >