Thirteen percent increase in earnings over a year
In August, gross average earnings were 13.2 percent higher than a year before, the Central Statistical Office (KSH) reported on Thursday. The rate of growth was slightly different from the previous month’s 13.1 percent, but in August, the rise in bonuses and other single payments increased by 31.0 percent, with a 12.4 percent increase in earnings.
In the public sector, average wages rose by 17.8 percent, due to a jump of 82.0 percent in the one-off items, but regular wages also grew by an average of 14.4 percent. In the private sector, earnings growth was 11.5 percent, and regular payments increased by 11.6 percent. (MTI)
Related news
KSH: The sales prices of the food industry rose by 0.9 percent
In September, industrial producer prices were on average 0.9 percent…
Read more >KSH: in August, the product foreign trade surplus was 443 million euros
In August, the volume of exports decreased by 5.6 percent…
Read more >The producer price of garlic is more than 20 percent higher
According to Eurostat data, the yield of garlic was between…
Read more >Related news
Márton Nagy: Domestic consumption is strengthening
Domestic consumption is strengthening, internal demand and the performance of…
Read more >Eurozone inflation accelerated to 2 percent in October
On an annual level, the increase in consumer prices in…
Read more >KSH: in August, the product foreign trade surplus was 443 million euros
In August, the volume of exports decreased by 5.6 percent…
Read more >