Hungary Gross Wage Growth at 5-Month Low
2026-07-16 06:39
By
Mariene Camarillo
1 min. read
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.