Hungary’s gross average wages rose 8.7% year-on-year to HUF 764,100 in May 2026, easing from a 9.0% increase in the previous month. The latest figure marked the slowest growth since December 2025, as wages in the public sector moderated to 9.4% from 10.7% in April, while earnings growth in the private sector also decreased to 8.5% from 8.7%. On the other hand, wage growth in the non-profit sector grew notably by 8.9% from 7.6%. Additionally, gross earnings excluding one-off payments and bonuses increased 9.1% year-on-year to HUF 718,200 in May. In the first five months of 2026, average gross wages increased 12.4% compared to the same period a year earlier, reaching HUF 776,400. source: Hungarian Central Statistical Office
Wages in Hungary increased 8.70 percent in May 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 July of 2026.
Wages in Hungary increased 8.70 percent in May of 2026 over the same month in the previous year. Wage Growth in Hungary is expected to be 8.80 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 6.00 percent in 2027 and 5.50 percent in 2028, according to our econometric models.