According to the Central Statistical Office, in October full-time employees’ average gross earnings were HUF 564,400 (€ 1,470) - 14.0% higher than a year earlier. Regular average gross earnings (without premiums and one-month bonuses) were estimated at HUF 540,200 (€ 1,407), being 14.5% higher than a year earlier. Average net earnings reached HUF 375,300 (€ 977), excluding tax benefits and HUF 389,300 (€ 1,014), including them, both of which being 14.0% higher than in October 2022. Real earnings were up by 3.7%, along with a 9.9% increase in consumer prices compared to the same period of the previous year.
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For more information, please contact Paul de Beer or Oana Ciuca, De Burcht (Scientific Bureau for the Dutch Trade Union Movement) p.t.debeer@uva.nl or the Head of communications at the ETUI, Mehmet Koksal mkoksal@etui.org. For previous full issues of the Collective bargaining newsletter please visit https://www.etui.org/Newsletters/Collective-bargaining-newsletter or consult the archive with all articles in our database at www.cbnarchive.eu.
You may find further information on the ETUI at www.etui.org.