The wage growth was below the rate of inflation.Continue reading
Annual inflation in Hungary was 4.9 percent in August, up from 4.6 percent in the previous month, the Central Statistical Office (KSH) said on Wednesday.
Prices in the category of goods that includes vehicle fuel grew by 9.2 percent, with vehicle fuel prices rocketing 21.7 percent.
Food prices rose by 3.7 percent, while household energy prices edged 0.4 percent higher.
Core inflation was 3.6 percent, while month on month, inflation was 0.2 percent.
Featured photo illustration by Szilárd Koszticsák/MTI