Hungary’s gross average wages rose by 8.4% year-on-year to HUF 740,600 in August 2026, marking the fastest growth in three months, up from a 7.5% increase in the previous month. Wage growth in the public sector accelerated to 9.2% from 7.4%, while earnings in the private sector also increased by 8.1%, up from 7.4% in July. Meanwhile, wage growth in the non-profit sector rose to 8.9% from 7.7%. Regular average wages, excluding bonuses, rewards, and monthly special allowances, increased by 7.6% year-on-year to HUF 710,600. For the January–August period, average gross wages rose by 10.6% compared with the same period a year earlier, reaching HUF 765,300. source: Hungarian Central Statistical Office
Wages in Hungary increased 8.40 percent in August of 2026 over the same month in the previous year. Wage Growth in Hungary averaged 9.25 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 October of 2026.
Wages in Hungary increased 8.40 percent in August of 2026 over the same month in the previous year. Wage Growth in Hungary is expected to be 6.30 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 5.00 percent in 2027 and 3.00 percent in 2028, according to our econometric models.