Public sector bonuses fuel growth
A 11.6% year-on-year increase
Real wages up 8.7% y/y
Gross average earnings nearly HUF 360,000
No wonder labour shortage is on the rise.
Employees must be rather unhappy with accelerating inflation.
But inflation is kind of high already.
Gross wages still show double-digit growth.
Wages keep going up at a nice pace.
Earnings do rise, but prices climb higher too.
Wage growth is over 10% again.
Earnings rise further in June.
Not a common phenomenon over the last 15 years.
OECD publishes new outlook on Hungary.
Wage growth at its highest in a decade.
Mandatory hikes did make an impact.
Wages perform temporary leap.