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Hungary gross wage growth 13.5 pc in Dec

February 20th, 2018

Average gross wages in Hungary grew by an annual 13.5 percent to 327,713 forints (EUR 1,050) in December, the Central Statistical Office (KSH) said on Tuesday. Net wages climbed at the same pace to 217,929 forints. Calculating with annualised CPI of 2.1 percent in December, real wages rose by 11.2 percent. Excluding the 150,300 Hungarians in fostered work programmes, the average gross wage increased by 12 percent to 341,969 forints.


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