The average salary 149 400 forint ( cca. 500 euro) in Hungary

Both gross and net wages increased in the first half of year, because in addition to a greater extent than inflation, so the real value of wages has increased. In June, the average gross earnings by 3.4 percent from a year earlier – published by the Central Statistics Office (KSH – Központi Statisztikai Hivatal). The after-tax net salary were 4.8 percent higher than in June 2012.

In the first six months of full-time employees gross earnings amounted to 228 200 forint (cca. 760 euro). The enterprises employing at least 5 persons on average 239 400 forint (798 euro)in the public sector (without public works) 219 100 hungarian forint (cca. 730 euro). The public workers average income was 77 700 HUF (cca. 259).

The net average wage, excluding family tax benefit was 149 400 HUF (cca. 500 euro), including the physical workers 103 400 HUF (cca. 344 euro), 197 900 forint (cca. 660 euro) for manual workers. Net earnings in the private sector 4.9, the public sector increased by 4.7 percent.

The CSO (KSH) data of the Ministry of National Economy has much to add to the first half of next year, 2.3 percent inflation rate was 2.4 percent real wage increase.

Source: KSH