NGM: real wage growth continues
The real wages are rising for 51 months in Hungary and this process continues, Cseresnyés Péter, Minister of State of the the Ministry of National Economy (NGM) told M1 channel on Monday.
He believes that the wages should be increased to keep the well-trained professionals.
The Minister of State stressed that several government measures had a favorable impact on wage growth, highlighting the work protection campaign that was launched in 2013, of which about an annual 130-140 billion HUF stays at the employers. (MTI)
Related news
Rising prices of services are driving inflation – not food
Although food prices continue to be the focus of public…
Read more >Márton Nagy: Retail turnover growth is currently in the 4-5 percent range
This year is the year of economic breakthrough, with growth…
Read more >Real wages are rising, confidence is growing, retail sales are increasing
The dynamic increase in wages continued in January, Sándor Czomba,…
Read more >Related news
Róbert Zsigó: the price of basic foodstuffs is noticeably decreasing as a result of the margin freeze
The introduction of the margin cap has noticeably reduced the…
Read more >Easter campaign to promote lamb meat has begun
The Easter campaign to promote lamb has begun, which could…
Read more >Stability, trust, cooperation – retail players send message to the government
Margin restrictions may jeopardize the stability of supplier relationships in…
Read more >