In April of this year, the increase in wages continued, according to KSH data, the gross average wage increased by 15.5 percent and reached HUF 568,300, while the net wage increased to HUF 391,700.
Although real wages fell by 6.9 percent in April due to the difficult situation caused by the protracted war and the failed sanctions, the ever-increasing rate of reduction in inflation will once again pave the way for the expansion of real wages, the Ministry of Economic Development (GFM) responded on Thursday to the latest wage statistics.
"The HUF 76,000 increase in gross wages means that salaries have increased in one year by a larger amount than what a minimum wage earner earned per month during the left-wing governments," the ministry wrote in its statement, adding that compared to 2010, an employee now has You can take home a salary 2.8 times higher.
"In the current difficult economic situation, the government is doing everything it can to protect families and jobs, help economic growth, and support the rise of wages. Thus, the government adopted a new action plan to protect the economy, while helping the population with family subsidies, tax reductions and pension protection, reduced utility prices, wage increases, mandatory price promotions, price caps and increasing support for the Szép card," the ministry said.
The measures will increase the purchasing power of households and expand consumption, thus contributing to the growth of GDP and the protection of jobs and families, the announcement states.
MTI
