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Hungary gross wages rise 0.5% yr/yr in June

Gross wages in Hungary rose 0.5% in the twelve months to June 2010 after a 0.8% drop in May, the Central Statistical Office (KSH) said.

Gross wages rose 2.9% in twelve months in the business sector but fell 4.5% in the public sector.

Net wages climbed 7.5% yr/yr in June after rising 6.5% in May. Net wages rose 8.4% in twelve months in the business sector and increased 5.8% in the public sector.

Real wages fell 2.1% in the twelve months to June, calculating with a June CPI of 5.3%. (MTI – Econews)