Take-home pay climbs to HUF 153,300 in Q1-Q3
The average Hungarian full-time salary before taxes was HUF 234,000 a month in the first three quarters of this year, a 2.9% improvement over the same period last year, according to a report today from the Central Statistics Office (KSH).
According to the report, the average after tax income was HUF 153,300 a month, or the equivalent of $630. KSH said that "manual workers" took home an after-tax average of HUF 104,700 and "non-manual" workers took home an average of HUF 207,700, in January-September.
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.