Hungary: Net Earnings Grew Substantially

Central- & Eastern EuropeHungary ♦ Published: July 19, 2013; 17:34 ♦ (Vindobona)

In the national economy – at corporations employing at least 5 persons, budgetary and designated non-profit institutions – average gross earnings increased by 3.3%

Hungary: Net Earnings Grew Substantially / Picture: © Vindobona.org

Net earnings grew by 4.6% compared to the previous year. In January–May 2013, average gross nominal earnings – by national concept – of full-time employees amounted to HUF 227,800; within this, those of full-time employees in the business sector were equal to HUF 239,500. Average gross earnings at budgetary institutions without…