Hungary Gross Wage HuF 411,000 in January


Gross wages grew by an annual 9.5% in January, the Central Statistical Office said. Gross wages averaged 411,000 forints and 273,300 after tax.


Private-sector wages grew by an annual 8.5% before tax in January, while in the public sector, excluding fostered workers, salaries increased by 13%. Net wages rose to 280,500 forints without benefits in kind, up 9.2% compared with the same period of the previous year. Gross wages without bonuses came to 390,200 forints, up 9.8% year on year. Calculating with consumer price inflation of 2.7%, wages rose by an annual 6.6%, KSH said.


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