Average Hungarian salary at EUR 833?
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Wage growth in Hungary increased by an annual 10.1 percent in April, picking up from 8.7 percent in the previous month, the Central Statistical Office (KSH) said on Wednesday.
Data for businesses and institutions with at least five people on payroll show the average gross monthly wage for full-time employees stood at 440,600 forints (EUR 1,250). The average net wage was 293,000 forints.
The average gross median wage was 347,000 forints.
Calculated with twelve-month CPI of 5.1 percent in April, real wage growth stood at 4.8 percent.
Excluding the 85,700, Hungarians working full time in fostered work programmes — who earned on average gross 85,000 forints in April — the average gross monthly wage in Hungary was 451,800 forints.
The average gross wage in the business sector, which includes state-owned companies, rose by 8.9 percent to 457,700 forints, excluding fostered workers. The average gross wage in the public sector, excluding fostered workers, increased by 13.3 percent to 446,500 forints.
People working in finance and insurance were the highest earners in April, getting a gross monthly 908,000 forints on average. People working in commercial accommodations and catering earned the least: 256,000 forints on average.
Lowest salaries in E. U
ALL – Smoke & Mirrors – “plasticized rubbery accounting and economic” – totally lacking – FACTUALITY.
Hungary – sadly – needs CHANGE radically – represents the lowest Salaries in the European Union.
The practice of public citizens disclosure of figures this article focus on – should Cease.
It is propaganda – and can be “ripped apart” – as it is by the Big 6 – the opposition parties of the up-coming National Elections in May 2022 – and will be PROVEN – the position of Hungary’s salary levels across all employment categories.