Hungary - Real earnings 5.7% higher - January 31, 2024

Full-time employees’ average gross earnings were HUF 621,200 (€ 1,594) and average net earnings with tax benefits reached HUF 427,700 (€ 1,098) in November 2023. Average gross earnings grew by 14.1%, net earnings increased by 14.0% and real earnings were 5.7% higher than a year earlier. Median gross earnings were HUF 489,400 (€ 1,256), median net earnings were HUF 338,500 (€ 869), surpassing the value for the same period of the previous year by 16.0% and 15.3%, respectively.

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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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