According to the latest data published by the Hungarian Central Statistical Office (KSH), wages in real terms have been rising for the 46th consecutive month in Hungary. This steady increase is mainly attributable to tax reductions, low inflation and Government measures (primarily the Job Protection Action). In November 2016, a six-year wage agreement was concluded, a potential driver of further wage growth.

For more information please check the attached file on the right side of the page!

(Ministry for National Economy)