News Column

Hungary June Wage Growth Slows

August 22, 2014

LONDON (Alliance News) - Hungary's employee wage growth slowed notably in June from a year ago, figures from the Hungarian Central Statistical Office showed Friday.

Gross earnings rose 3.7% year-on-year in June, slower than May's 4.9% rise. In April, earnings went up 4.1%. Net earnings also increased 3.7%.

In the January to June period, average gross earnings amounted to HUF 235,000, or rose 3.0% compared to the same period last year. Excluding family tax benefits, net earnings also grew by 3.0% from a year ago.

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Source: Alliance News

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