Wages increase by 14% in Hungary, with inflation at only 2.3%

Hungarians are seeing a major increase in their wages, with the average gross monthly salary now standing at 297,000 forints, or US$1,154. This represents a 14.4% increase compared to 2016 figures released by the Central Statistical Office (KSH). Inflation in Hungary is at just 2.3%. The bulk of the increase is connected to the 15% to 25% rise in the […]

by · August 22, 2017 · Politics