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Hungary: Real Wages Declining Persistently

Published: January 26, 2013; 14:59 · (Vindobona)

In the first eleven months of 2012, real wages of Hungarian workers was down by 3.5%.

Hungary: Real Wages Declining Persistently / Picture: © Flickr

From January to November 2012, average gross earnings grew by 4.6%. However, the inflation came at more than 6% in the first eleven months of 2012. Moreover, the  As a result, the real wages were down by 3.5% in that period. In November, the Hungarian inflation rate came at 5.2%.

This article includes a total of 46 words.

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