Hungary - Real wage growth close to 10% - January 31, 2025

An advisor to the prime minister said real wage growth was close to 10% in 2024. She noted that annual inflation was 3.7% whereas gross wage growth stood at 13.6% from January-October 2024. Full-year wage growth is likely to be a little lower than that because of the base effect of a minimum wage rise in December 2023.

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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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