NGM: the increase in earnings is mainly due to the wage agreement
According to the Minister of State of the Ministry of National Economy (NGM) responsible for Labor Market and Training, earnings growth is mainly due to the fact that in November last year, as a result of a long process, a wage agreement was concluded: the government, employers and employees agreed on wage growth and tax cuts.
Cseresnyés Péter reacted to the announcement of the Central Statistical Office (KSH) on Wednesday on M1 news channel saying that average earnings increased by 13.6 percent in September, compared to the year before. (MTI)
Related news
Sándor Czomba: expanding employment contributes to increasing competitiveness
The goal of the six-month Hungarian presidency of the Council…
Read more >NGM deputy state secretary: the launch of the Budapest-Brassó flight is an important step for both cities
The launch of the Budapest-Brassó flight is an important step…
Read more >NGM: tourist interest in Hungary has increased spectacularly
The visitor traffic of the Pentecost long weekend also made…
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 >