In December 2023. the gross average wage was 655,600 forints (€ 1,694) which meant an an annual increase of 16.4%. According to the Central Statistical Office (KSH), net pay including supplementary payments came to 451,300 forints (€ 1,165). Net wages were up 16.3% year on year, while real wages rose by an annual 10.3%. For the whole year 2023, the gross average wage amounted to 571,200 forints (€ 1,475), while the yearly average net pay was 393,700 forints (€ 1,016). Gross and net wages both rose by 14.2%, while real wages fell by 2.9% compared to 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.