• Coronavirus in Hungary
  • Budapest
  • Hungary border control
  • HelloMagyar
EnglishFrenchGermanSpanish
EnglishFrenchGermanSpanish
Inflation: opp party wants wage compensation, payrise programme in public sectorInflation: opp party wants wage compensation, payrise programme in public sectorInflation: opp party wants wage compensation, payrise programme in public sectorInflation: opp party wants wage compensation, payrise programme in public sector
  • Politics
  • Business
  • Society
  • Sport
  • Culture
  • Special Hungary
  • News To Go
  • World
  • Contact Us
  • About us
  • About us
  • Contact Us
  • Privacy Policy
✕
Breaking News
  • Wizz Air intentionally misleading its passengers? Hungarian authority investigates

  • Seven Hungarians in the earthquake-hit zone, help is on its way!

Support us
DNH 2021 DNH 2021 · 15/05/2022
· Politics

Inflation: opp party wants wage compensation, payrise programme in public sector

average salary education Hungarian economy Hungarian healthcare system Hungary labour market LMP money

The green LMP party on Sunday called for immediate wage compensation and a mid-term pay rise programme for public sector employees because of inflation.

Máté Kanász-Nagy, the party’s co-leader, told a press conference that average inflation is close to 9 percent according to the latest data published by the Central Statistical Office earlier this week.

Inflation has hit its highest level in the past 20 years,

he said.

This particularly affects public sector employees, who have lower average incomes than those working in the private sector and spend a higher portion of their income on food, he said.

  • Read also: Is Budapest transport in trouble? Suppliers are leaving

Kanász-Nagy cited the prices of some food products as examples. He said

the price of margarine increased by 38 percent from a year earlier, and the price of bread and poultry rose by almost 30 percent.

He said inflation had a twofold effect, arguing that it hit lower-income earners while the state had more revenue from value added tax, giving the government room for manoeuvre to offset the price increases.

He urged an immediate wage compensation of at least the inflation rate, that is close to 10 percent, for public sector workers, adding that a mid-term pay rise programme should also be launched for them to reduce the income gap with private sector employees.

Hungary debt money economy
Read alsoHungary to be buried in state debt?

Source: MTI

average salary education Hungarian economy Hungarian healthcare system Hungary labour market LMP money
Share
DNH 2021
DNH 2021

Leave a Reply

Your email address will not be published. Required fields are marked *

SUPPORT US

Subscribe to our newsletter

Sign up to receive daily updates, news & stories about Hungary!

Select your location below or enter your country so we can deliver our morning newsletters to you in time.


Thank you!

You have successfully joined our subscriber list.


.

Latest news
  • Military convoys to flock Hungary’s roads this week
  • Foreign workers are flocking to these Hungarian towns
  • Here is when Russia starts building Hungary’s new nuclear power plant
  • Wizz Air intentionally misleading its passengers? Hungarian authority investigates
  • Red code in Hungary: -15 degrees, but here is when spring will return
  • Ukrainian President Zelensky and PM Orbán to meet in Brussels on Thursday?
  • PHOTOS: Budapest’s emblematic train station is being renewed
  • Seven Hungarians in the earthquake-hit zone, help is on its way!

About us

Contact us

Copyright rules

© 2023 DailyNewsHungary. All rights reserved! | Server and development by Svigelj Levente E.V