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
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 >