The rate of wage growth slowed in November
The average gross wage growth slowed in November, compared to the same period of the previous year, but in terms of regular gross earnings the trend remained positive, according to analysts polled by MTI. While commenting the most recent statistics published on Wednesday, the Ministry of National Economy (NGM) highlighted that the rise in real wages is continuous for twenty-three months.
According to data of the Central Statistical Office (KSH) released on Wednesday, the gross average earnings and the net earnings excluding and family allowances increased by 2.7 percent in the January-November period last year, compared to the previous year. (MTI)
Related news
Related news
Viktor Orbán: economic growth exceeding three percent is realistic next year
Economic growth exceeding three percent in 2025 is realistic in…
Read more >The Ministry of Finance asks people to spend in an information letter
The Ministry of National Economy (NGM) will inform members of…
Read more >VOSZ: the three-year wage agreement is extremely ambitious
The Secretary General of the National Federation of Entrepreneurs and…
Read more >