Real wages have started to drop in Hungary for the first time in 12 months which “goes to show that the Fidesz-led government has failed in its pandemic-related crisis management efforts”, the co-leader of opposition LMP said on Friday.
“While gross average wages have increased by an annual 3.5 percent, inflation has risen to 5 percent over the past 12 months,” Máte Kanász-Nagy told an online press conference. He noted that the gross wage increase also included a one-off payment of 500,000 forints (EUR 1,435) to health-care workers.
In 2020, an average Hungarian household had a monthly net income of 197,000 forints, the politician said, adding that more than one million people were making minimum wage.
LMP’s programme includes guaranteeing everyone a steady income increase instead of distributing one-off payments as “a donation”, Kanász-Nagy said, adding that the wages of teachers and employees in the cultural and social sectors had stagnated over a long period of time.