In October 2024 Hungary saw a surge in wages, with the average gross income rising by nearly 13 per cent compared to last year. This growth, coupled with low inflation, marks the 14th consecutive month of significant real wage increases….
The minister highlighted that low inflation has triggered a positive chain reaction in the national economy, with its beneficial effects increasingly felt by Hungarian families and businesses….
The mandatory discount system together with the online price monitoring effectively contributed to the government’s goal of first reducing inflation to a single digit and then bringing it back to a low level of around 4 per cent….
Hungary’s economy expanded by 0.9 per cent in the third quarter of this year compared with the previous quarter, adjusted data show, and contracted by 0.4 per cent year on year, based on unadjusted data, the Central Statistical Office (KSH)…
The gross average earnings were 16.0 per cent higher, and the net average earnings were 15.9 per cent higher compared to the same period last year, as reported by the Central Statistical Office (KSH) on Thursday….
We use cookies to enhance your browsing experience and to personalize the content and advertisements that you see on our website. AcceptDeclinePrivacy policy