Hungarians Prefer Experiences to Goods amid Increasing Real Wages Following the inflationary shock triggered by the Russian-Ukrainian war and EU sanctions, real wages rose significantly in 2024, giving new... 2025.05.06.
Latest Statistics Show Strong Wage Growth and Rising Employment Rates The latest data from the Hungarian Central Statistical Office (KSH) offers insights into the country's labor market, focusing on wage... 2024.11.13.
Slovakia Follows Hungary’s Example in Minimum Wage Increase In Slovakia, the minimum wage will rise to 60 percent of the national average wage in 2024 from 2026, writes... 2024.10.24.
Continuous Growth in Consumption for Eight Consecutive Months August retail sales in Hungary showed significant growth, with a 4.1% increase month-on-month and 0.8% year-on-year, raising hopes for a... 2024.10.08.
Statistical Office Reports Surging Salaries in May In May this year, the average gross earnings of full-time employees were HUF 652,000 (EUR 1,657), with average net earnings,... 2024.07.25.
Real Wage Increase of 13.9 Percent Compared to March In March 2024, the Hungarian Central Statistical Office reported that the average gross earnings of full-time employees reached HUF 658,400... 2024.05.23.
Statistical Office Reports Huge Growth in Real Wages In December 2023, the Central Statistical Office (KSH) reported that the average gross earnings of full-time employees were HUF 655,600... 2024.02.23.
Employment and Real Incomes Surged in Q4 of 2023 Employment in Hungary saw significant strengthening throughout 2023, marking a turnaround from previous declines in real incomes. This positive trajectory... 2024.02.06.
Employment Rate at Historic High at over 4 Million The employment rate in Hungary remains at a historic high, with 4.755 million people employed in the autumn months of... 2024.01.22.
Despite Falling Inflation, Consumer Confidence Slowly Growing It will be worth watching the coming months for retailers, as December will see higher sales at the end of... 2024.01.09.
Inflation Falls to 7.9 Percent In November 2023 consumer prices were 7.9% higher on average than a year earlier. Compared with October, prices generally remained... 2023.12.08.
Real Wages May Rise Again, Says Economic Development Minister According to data from the Central Statistical Office, average gross wages rose to HUF 566,800 (EUR 1,478) in June 2023,... 2023.08.25.
Price Cap on Food Products Not a Magic Wand It Was Thought to Be According to an article published in the Spanish El Mundo, inflation is sweeping the European Union as a whole, and... 2023.03.22.
