KSH: double-digit earnings growth continues

In August, average gross earnings grew by 11.5 percent year-on-year to 358,000 HUF. The average net income without allowances amounted to 238,700 HUF taking the benefits into account reached 246 thousand HUF – the Central Statistical Office (KSH) told on Wednesday.

From the beginning of 2017, there was no double-digit annual earnings growth in just two months.

Real earnings increased by 8.2 percent year-on-year, after the 3.1 percent inflation in August. (MTI)