Hungary: Gross Earnings Growing

BusinessEconomy ♦ Published: October 18, 2012; 16:30 ♦ (Vindobona)

In the national economy – at corporations employing at least 5 persons, budgetary and designated non-profit institutions – average gross earnings increased by 4.7%.

Hungary: Gross Earnings Growing / Picture: ©

Net earnings excluding family tax benefits grew by 1.9% compared to the same period of the previous year. Average gross nominal earnings – by national concept – of full-time employees amounted to HUF 220,500; within this, those of full-time employees at corporations were equal to HUF 230,800. Average gross earnings at budgetary institutions without fostered workers were HUF 212,200.…

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