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The average gross wage for full-time workers rose by an annual 10.7% to € 1,079 in July, according to the Central Statistical Office (KSH). Net wages increased to € 718. Allowed by significant economic growth, tax cuts and wage hikes in the public and private sectors, net wages in Hungary increased by 86% since 2010. The government expects the positive trends to continue, with further wage growth and growing consumption.
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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.
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