Hungary - Nominal earnings up 15%, real wages decrease by 2% - September 30, 2023

According to the Hungarian Central Statistical Office, in July 2023 full-time employees’ average gross earnings were HUF 559,100 (€ 1,433) and average net earnings with tax benefits reached HUF 385,600 (€ 989). Average gross earnings and average net earnings increased by 15.2% and 15.1%, respectively, while real earnings decreased by 2.0%, compared with a year earlier.

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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.

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