According to the latest data compiled by the Hungarian Central Statistical Office (KSH), wages in real terms were up by 2.9 percent in the initial eight months of the year. The number of people employed in the private sector – at enterprises with at least five employees – increased in August significantly, by 54 thousand in comparison to the same period of the previous year. In the initial eight months of this year, average gross wage was HUF 234 600 and, excluding public work schemes, it was HUF 246 400 in Hungary.

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(Ministry for National Economy)