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Hungary Gross Wages Climb 11.5 Percent in August

MTI-Hungary Today 2019.10.30.

The average gross wage for full-time workers in Hungary grew by an annual 11.5 percent to 358,876 forints in August, the Central Statistical Office (KSH) said on Wednesday. Net wages grew at the same pace, reaching 238,653 forints.

Calculating with twelve-month inflation of 3.1 percent in August, real wages were up 8.1 percent. The average gross wage for full-time workers in Hungary grew by an annual 11.5 percent to 358,876 forints in August, the Central Statistical Office (KSH) said on Wednesday.
Net wages grew at the same pace, reaching 238,653 forints.

Calculating with twelve-month inflation of 3.1 percent in August, real wages were up 8.1 percent.

Featured photo: Pixabay