Incredible average gross wage in Hungary
Gross wages of full-time employees was 645,300 forints in April, up 13.5 percent year on year, the Central Statistical Office (KSH) said on Friday.
The average net wage was 444,000 in April, the KSH said. Real wages rose by 9.5 percent, calculating with April inflation of 3.7 percent. The gross median wage increased by 16.6 percent to 516,000 forints. The net median wage in Hungary is only HUF 340,700 (EUR 857). That is why many Hungarians choose to leave the country to work for more in Western Europe. They are replaced with guest workers from Ukraine and East Asia. We wrote about their rising number in THIS article.
Commenting on the data, state secretary for employment policy Sándor Czomba said inflation had been curbed by the government’s targeted measures and real wages had been rising for eight months in a row. This, he added, supported the expansion of consumption, boosting economic growth.
Read also:
- High salaries at Lake Balaton: workers might earn EUR 4,500 over summer – Read more HERE
- Have the wages of manual workers skyrocketed in Hungary?
please make a donation here
Hot news
Top Hungary news: train derailed, huge tax against short-term rentals, new train stations, Hungarians about the war, Dracula, cocktail bars — 21 October, 2024
Hungarian research could yield breakthrough in Covid-19 treatment
5+1 stylish cocktail bars in Budapest to explore with your friends after a long day
Railway stations in major Hungarian cities to be completely rebuilt with private capital
Young people planning armed attacks against protected persons in Hungary – US intelligence warns
Hungary, Laos agriculture ties strengthening: Minister Linkham Duangsavanh visits Budapest
2 Comments
Orban is literally driving Hungarians out and is replacing them with Asians who as much as you want to call them “guest workers” inevitably will end up as a permanent Asian population in Hungary to provide cheap labour to the new world that Fidesz is creating in Hungary. Back in 1987 I visited then West Berlin and the joke t-shirt was one with the four occupying power sectors but there was also a fifth sector which was the Turkish sector of “guest workers” who have now established permanent roots in Germany. It worked in Germany but Fidesz are complete lying hypocrites when they talk about keeping Hungary “pure” for Hungarians. Welcome to “globalization” brought to Hungary by Fidesz.
Larry larry . So are you saying the millions who have come for the free benefits is better than the guest workers – Hungary is one of two who don’t allow it.