Hungary: Nominal Earnings Grew By 4.6%

BusinessEconomy ♦ Published: February 21, 2013; 09:54 ♦ (Vindobona)

In the national economy – at corporations employing at least 5 persons, budgetary and designated non-profit institutions – average gross earnings increased by 4.6%.

Hungary: Nominal Earnings Grew By 4.6% / Picture: ©

Net earnings excluding family tax benefits grew by 2.0% compared to the previous year. As the inflation rate came at 5% last year, real earnings are decreasing substantially.

Average gross nominal earnings – by national concept – of full-time employees amounted to HUF 223,000; within this, those of full-time employees in the business sector…

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