Hungary - Wages increase by 15% - October 31, 2023

According to the Central Statistical Office (HCSO), wage growth remained robust. Average gross wages rose by 15.2% year-on-year, the same as in July. While the median wage increased by 15.6% on a yearly basis, the nominal level remained unchanged the third month in a row. The picture is also clouded by the fact that real wage growth has been negative for 12 consecutive months, although it has improved recently.

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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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