Hungary's gross average wages rose by 15.1 percent from a year earlier to HUF 507,500 in April 2022, easing from a 17 percent increase in the previous month. It was the smallest gain in three months, as wages slowed in both the private sector (14.5 percent vs. 16.2 percent in March) and the public sector (12.0 percent vs. 17.3 percent). Without the impact of one-off payments and bonuses, April gross wages increased by 14.1 percent. source: Hungarian Central Statistical Office
Wage Growth in Hungary averaged 8.63 percent from 1999 until 2022, reaching an all time high of 31.10 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 June of 2022.
Wage Growth in Hungary is expected to be 8.40 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 8.20 percent in 2023, according to our econometric models.