Hungary’s gross average wages rose by 9.7% year-on-year to HUF 725,500 in February 2026, slowing sharply from a nearly four-year high of 26.3% increase in the previous month, when a one-off boost from service allowances (so-called gun money) for national defense and law enforcement personnel significantly inflated earnings. Wage growth in the public sector eased markedly, rising 13.4% after surging 99% in January, while income in both the non-profit (10.3% vs 9.4%) and private sectors (8.6% vs 7.8%) increased at a faster pace. Excluding one-off payments and bonuses, February wages were 10% higher compared to the same period a year earlier, reaching HUF 691,300. Considering the first two months of the year, average gross wages grew 18% from the same period last year to HUF 783,000. source: Hungarian Central Statistical Office
Wages in Hungary increased 9.70 percent in February of 2026 over the same month in the previous year. Wage Growth in Hungary averaged 9.27 percent from 1999 until 2026, reaching an all time high of 31.40 percent in February of 2022 and a record low of -5.30 percent in January of 2009. This page provides - Hungary Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Gross Average Wage Growth - data, historical chart, forecasts and calendar of releases - was last updated on April of 2026.
Wages in Hungary increased 9.70 percent in February of 2026 over the same month in the previous year. Wage Growth in Hungary is expected to be 9.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary Gross Average Wage Growth is projected to trend around 9.70 percent in 2027 and 7.00 percent in 2028, according to our econometric models.