Average earnings up 1.3% y.o.y. through February
In a round of figures released by the Central Statistics Office (KSH), in the national economy (defined as those corporations employing at least five persons), average earnings increased by 1.3% year-on-year in the January-February 2014 period. KSH reported full-time employees’ average gross nominal earnings at HUF 226,600; within this, the average full-time business employee earned HUF 241,200 per month.
Average gross earnings of fostered workers were HUF 78,100.
At the top of the ranking in terms of average monthly wage were financial and insurance activities (HUF 462,600), followed by information and communication (HUF 449,900) and utility supply (HUF 370,000). At the end of the ranking were human health and social work activities (HUF 139,300), accommodation and food service activities (HUF 153,100) and agriculture, forestry and fishing (HUF 163,200).
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.