KSH: Hungary's gross wage increased by an annual 13.3% in June
The average gross wage in Hungary increased to 642,000 forints (EUR 1,630) in June. Net wages climbed at the same pace to 427,000 forints.
The average gross wage in Hungary increased to 642,000 forints (EUR 1,630) in June. Net wages climbed at the same pace to 427,000 forints.
Net wages were up by 14.5% year on year, while real wages rose by an annual 10.4%.
The number of guest nights spent by domestic travellers increased by 13.6% to 1,021,000, and guest nights spent by foreign visitors climbed 23.9% to 1,173,000.
The employment rate for the 15-74 age group was 64.7% in February, up from 64.4% in January.
The average gross wage without benefits increased by 14.5%, to 540,200 forints.
Guest nights spent by foreign visitors rose by 13.3% to 1,761,000.
KSH said the average net wage including benefits rose by 15.1% to 383,500 forints.
Data from Hungary’s latest national census shows an increase in marriages and a growing share of people under the age of 30 with children, but the country’s population is ageing.
Hungary's gross wages rose by an annual 15.2% in July, to 559,100 forints (EUR 1,434).
The average net wage including benefits rose by 15.9% to 390,900 forints.
Industrial output in Hungary fell by an annual 3.8% in June while the output of Hungary’s construction sector dropped by 3.8% year on year.
Crop prices declined 26.5% as grain prices plunged 39.0% and oilseed prices were down 48.4%.
Gross wages in Hungary grew by an annual 17.9% in May, to 567,800 forints (EUR 1,499).