Would you work in Hungary for an average gross wage of 1,130 EUR?
Gross wages grew by an annual 9.5 percent in January, the Central Statistical Office (KSH) said on Wednesday. Gross wages averaged 411,000 forints and 273,300 after tax.
Private-sector wages grew by an annual 8.5 percent before tax in January, while in the public sector, excluding fostered workers, salaries increased by 13 percent.
Net wages rose to 280,500 forints without benefits
in kind, up 9.2 percent compared with the same period of the previous year. Gross wages without bonuses came to 390,200 forints, up 9.8 percent year on year. Calculating with consumer price inflation of 2.7 percent, wages rose by an annual 6.6 percent, KSH said.
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Source: MTI
2 Comments
I guess the answer depends on where you come from. Salary may seem fine to people coming from poor countries, however high inflation is eroding spending power a lot. Shopping for basic groceries costs every month more and more
3rd world economy and metality of eastern europe 1988.