Hungary: Gross Earnings Grow Moderately.

BusinessEconomy ♦ Published: January 18, 2013; 15:35 ♦ (Vindobona)

Last year, gross earnings were up by 4.6%. As Hungary´s inflation rate comes at 5.7%, real earnings are still shrinking.

Hungary: Gross Earnings Grow Moderately. / Picture: © Vindobona.org

In the national economy – at corporations employing at least 5 persons, budgetary and designated non-profit institutions – average gross earnings increased by 4.6%, while net earnings excluding family tax benefits grew by 2.0% compared to the same period of the previous year.

Average gross nominal earnings –…

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