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KSH: Gross wages in Hungary grew by an annual 14% in October

The average gross wage without benefits increased by 14.5%, to 540,200 forints.

The Central Statistical Office (KSH) said gross wages in Hungary grew by an annual 14.0% in October, to 564,400 forints (EUR 1,469). The average net wage including benefits rose by 14.0% to 389,300 forints, KSH said. The average gross wage without benefits increased by 14.5%, to 540,200 forints. Real wages increased by 3.7%, calculated with October CPI of 9.9%.