Wages Grow 8.6% YR/YR in November

Economy

Annual wage growth in Hungary was 8.6% in November, edging down from 8.8% in the previous month, the Central Statistical Office (KSH) said.
In absolute terms, the average gross monthly wage for full-time employees stood at 438,200 forints (EUR 1,200). The average net wage was 291,400 forints. Calculating with twelve-month CPI of 2.7% in November, real wages grew by 5.7%.

 

MTI

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