KSH: Average gross wage in Hungary rose 10.4% year-on-year in January
Hungary's statutory monthly minimum wage was raised by 9pc to HUF 290,800 for unskilled laborers and by 7pc to HUF 348,800 for skilled workers from January 1, 2025.
Hungary's statutory monthly minimum wage was raised by 9pc to HUF 290,800 for unskilled laborers and by 7pc to HUF 348,800 for skilled workers from January 1, 2025.
Real wages rose 6.1pc, calculated with a December CPI of 4.6pc. The gross median wage increased 13.1pc to HUF 560,900.
The average gross wage in Hungary increased to 642,000 forints (EUR 1,630) in June. Net wages climbed at the same pace to 427,000 forints.
The government’s successful measures to rein in inflation along with the 15% increase in the basic minimum wage and the 10% hike in the minimum wage for skilled workers had...
Net wages were up by 14.5% year on year, while real wages rose by an annual 10.4%.
Net wages were up by 14.0% year on year, while real wages, calculated with a November inflation rate of 7.9%, rose by an annual 5.7%.
Average net wages rose to 377,900 forints with benefits in kind, up 15.4% compared with the same period last year.