Hungary - Wage developments - September 30, 2019

The average gross wage for full-time workers rose by an annual 10.7% to € 1,079 in July, according to the Central Statistical Office (KSH). Net wages increased to € 718. Allowed by significant economic growth, tax cuts and wage hikes in the public and private sectors, net wages in Hungary increased by 86% since 2010. The government expects the positive trends to continue, with further wage growth and growing consumption.

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