Wage Growth Slows to 10.8% in July


Annual wage growth in Hungary slowed to 10.8% in July from 15.6% in June, the Central Statistical Office (KSH) said.

The average gross monthly wage was 401,800 forints (EUR 1,100), while the average net wage was 267,200 forints. Calculating with annual inflation of 3.8% in July, real wage growth stood at 6.7%.



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