KSH: earnings continued to grow
![](https://trademagazin.cdn.webgarden.io/wp-content/uploads/2020/01/penz-nagy.jpg)
Real earnings expand despite high inflation
With inflation at 7.4 percent in December, real earnings were 2.1 percent higher than a year earlier.
Taking into account the discounts, net average earnings reached 337,200 HUF, an increase of 9.4 percent compared to the same period of the previous year.
The regular average gross earnings calculated without bonuses, bonuses and one-month special benefits can be estimated at 419,000 HUF, which is also 9.7 percent higher than a year earlier. Year-end premiums boosted earnings by 17.6 percent. (MTI)
Related news
There was a county where the number of advertised jobs increased by a fifth, while elsewhere the number of advertised jobs decreased by the same amount – Profession.hu quarterly report
With the exception of two counties, the number of applications…
Read more >The unexpectedly low inflation in June surprised analysts
The Hungarian inflation data published this week caused a pleasant…
Read more >KSH: industrial production fell by 5.2 percent in May
In May, the volume of industrial production fell by 5.2…
Read more >Related news
VOSZ Barometer – 2024. II. quarter: mandatory optimism or real growth?
The perception of inflation is still present in domestic companies,…
Read more >Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >