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Pensions increased by 15% on January 1

Including the 13th month pension, average pensions will grow by 352,560 forints this year.

Government spokeswoman Alexandra Szentkirályi has announced that pensions were hiked by 15% from January 1, raising average pensions by 27,120 forints (EUR 67) per month.

In a video posted on Facebook on Tuesday, she said that including the 13th month pension, average pensions will grow by 352,560 forints this year. The raise was calculated to offset estimated inflation this year, and pensions will be supplemented should it be higher than anticipated, she added. Price caps on basic foods will be maintained until the end of April, she said. The caps on utility prices also help pensioners, she added.