Outstanding Increase in Wage Rates

Wages rise by 7.5 percent

Montázs
  • 2016.06.21. - 15:30

Hungary registered an outstanding increase regarding wages, as their rated rose up by 7.5 percent between January and April 2016, reported KSH Tuesday.

The increase has been continuous as it's the 40th months to register a risen data.

The private sector (at enterprises that employ at least 5 people) achieved a record 77 thousand increase in employment compared to April 2015. The average gross income was HUF 256,500 and the net income (calculated without family benefits) was HUF 170,600. Taking into account family benefits the KSH estimates the average net income to be HUF 177,700.  

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