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Higher minimum wage, public sector pay lifts Hungary wage growth

May 24th, 2022

The average gross wage in Hungary climbed an annual 17.5 percent to 511,400 forints (EUR 1,338) in March, the Central Statistical Office (KSH) said on Tuesday. The data for full-timers at businesses with at least five people on payroll show the average net wage rose at the same clip to 340,100 forints. The gross median wage increased by 15.0 percent to 394,500 forints.


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