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Hungary gross wages in March up 11.3 pc yr/yr

May 23rd, 2018

The average gross monthly wage of full-time employees in Hungary increased by an annual 11.3 percent to 331,500 (EUR 1,042) in March, the Central Statistical Office (KSH) said on Wednesday. The average monthly net wage climbed at the same pace, to 220,500 forints. Calculating with an annualised CPI of 2 percent in March, real wages rose by 9.1 percent. The average gross monthly wage in the private sector grew by 8.6 percent, to 342,400 forints. In the public sector, it jumped by 19.3 percent to 313,700 forints.


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