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The average gross monthly wage in Hungary stood at 326,724 forints (EUR 1,010) in July, up 12.8 percent year-on-year, the Central Statistical Office (KSH) said on Thursday.
Gross wage growth has been in the double digits since early last year, lifted by an agreement on minimum wage increases as well as a labour shortage.
The average net monthly wage was 217,271 forints, also up by 12.8 percent.
Hungarian Gov’t Plans to Dramatically Increase Wages by 2022; But is This Increase Economically Sustainable?
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