IMF: Hungarian Incomes Catching up with the EU Average Hungary is making great progress in catching up with the EU average in terms of income, but the country needs... 2024.09.25.
Average Earnings for Full-Time Employees Rise in July 2024 In July 2024, the average gross earnings of full-time employees were HUF 636,700 (EUR 1,750), while the average net earnings... 2024.09.24.
Consumers Cautious Despite Wage Growth The consensus among analysts is that the economy could expand by around 1.5 percent this year, while real wages could... 2024.09.16.
Inflation Rate Hits Its Lowest Level of the Year As in previous months, inflation remained at the low level expected by the market in August, Márton Nagy, Minister for... 2024.09.11.
Steady GDP Growth Thanks to Increase in Consumer Spending As a result of a steady increase in the value of wages, consumption has also increased, contributing significantly to the... 2024.09.04.
“Not Great, Not Terrible Either” – Average Earnings for June Published In June 2024, the average gross earnings of full-time employees were 642 000 HUF (EUR 1620), while the average net... 2024.08.26.
Minimum Wage Expected to Rise Significantly over the Next 3 Years The minimum wage would rise by roughly HUF 140,000 by 2027, said Sándor Czomba, State Secretary for Employment Policy at... 2024.08.23.
Battery Factory Workers Earn Well Above the Average The Chinese CATL announced its mega investment in Hungary in 2022. A battery factory in Hungary pays HUF 830,000 (EUR... 2024.08.05.
Central Statistical Office Reports Growth in Average Wages In January, the Central Statistical Office (KSH) reported that the average gross wage of full-time employees was HUF 605,100 (EUR... 2024.03.28.
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.
Hungarian Soldiers Receive 11% Wage Increase from January 1 The Minister of Defense, Kristóf Szalay-Bobrovniczky, announced a new round of wage increases for Hungarian soldiers starting January 1. The... 2024.01.05.
Discount Chains Announce Significant Salary Increases Aldi is raising wages for the fourth time in 24 months, the Hungarian subsidiary of the German discount chain announced... 2024.01.03.
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.
Skilled Workers’ Hourly Wage Increases, but Inflation Still Bringing It Down The average gross hourly wage of skilled and semi-skilled manual workers was HUF 1,853 (EUR 4.87) in the second quarter,... 2023.07.20.
Despite Inflation, Real Wages Increased in 2022 According to data from the Central Statistics Office, the average gross salary in Hungary was HUF 515,800 (EUR 1,355) in... 2023.02.24.
Hungarian Workers’ Wages Are Unequally Rising The economic situation is not easy around the world, but especially in Europe, and Hungary is feeling the effects. An... 2022.12.29.
Unprecedented Wage Increase at Hungarian Mercedes-Benz Plant This article was originally published on our sister-site, Ungarn Heute. Unions at the Mercedes-Benz plant in Kecskemét, Hungary have agreed... 2022.12.08.
Hungarian Real Wages Fall the Least Among Visegrad Countries Real wages in the Czech Republic will fall by 8.3 percent this year due to high inflation. Of the four... 2022.11.21.
Average Gross Wage in Hungary HUF 497.000 in August In August, average gross earnings of full-time employees were HUF 497,200 (EUR 1207), or HUF 507,000 (EUR 1231) excluding public... 2022.10.25.
Upward Course of Real Wages Unbroken for 113 Months Real wages continued to increase despite the pandemic, according to the Ministry of Technology and Industry. Analysts say the full-year... 2022.07.26.
Salaries in V4 Countries, Hungary in Third Place Last year, the gap between regional and national salaries narrowed again. Wages in the Hungarian manufacturing sector are now higher... 2022.07.20.
