Hungary Gross Average Wages Growth  1999-2017 | Data | Chart | Calendar

Hungary's gross average wages rose by 5.4 percent year-on-year in October 2016, easing from a 6.7 percent increase in the previous month, as wages within the private sector advanced at a slower 5.2 percent (+5.7 percent in September) and those within the public administration went up by 5.4 percent (+9.1 percent in September). In the January-October period, gross wages rose by 6 percent compared with the same period of 2015. Wage Growth in Hungary averaged 7.85 percent from 1999 until 2016, reaching an all time high of 26.19 percent in January of 2005 and a record low of -5.30 percent in January of 2009.

Hungary Gross Average Wages Growth
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-10-19 07:00 AM Aug 6.9% 5.1% 5.4%
2016-11-22 08:00 AM Sep 6.7% 6.9% 6.6%
2016-12-20 08:00 AM Oct 5.4% 6.7% 5.2%
2017-01-20 08:00 AM Nov 5.4% 5.6%
2017-02-20 08:00 AM Dec 6.28%
2017-03-20 08:00 AM Jan 6.29%




Hungary Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.50 4.70 11.80 4.50 percent [+]
Employed Persons 4414354.00 4404189.00 4414354.00 3678730.00 [+]
Unemployed Persons 207535.00 219286.00 506520.00 207535.00 [+]
Long Term Unemployment Rate 2.50 2.80 5.70 2.20 percent [+]
Youth Unemployment Rate 12.00 12.30 29.50 10.90 percent [+]
Labour Costs 107.70 118.50 123.50 31.60 Index Points [+]
Job Vacancies 57876.00 55004.00 57876.00 21130.00 [+]
Wages 262200.00 257857.00 272647.00 60268.00 HUF/Month [+]
Wage Growth 5.40 6.70 26.19 -5.30 percent [+]
Minimum Wages 350.09 351.29 351.29 89.15 EUR/Month [+]
Population 9.82 9.86 10.71 9.21 Million [+]
Retirement Age Women 65.00 65.00 65.00 59.00 [+]
Retirement Age Men 65.00 65.00 65.00 60.00 [+]
Employment Change 0.30 0.60 2.80 -1.40 percent [+]
Employment Rate 58.49 57.84 58.49 48.00 percent [+]
Full Time Employment 4089.30 4014.00 4089.30 3150.50 Thousand [+]
Productivity 103.50 96.70 111.80 59.70 Index Points [+]
Part Time Employment 212.90 206.60 265.20 111.90 Thousand [+]
Labor Force Participation Rate 61.61 61.61 61.61 53.84 percent [+]
Living Wage Family 354700.00 355300.00 355300.00 341000.00 HUF/Month [+]
Living Wage Individual 176600.00 173400.00 176600.00 167000.00 HUF/Month [+]
Wages High Skilled 271000.00 262900.00 274300.00 185500.00 HUF/Month [+]
Wages Low Skilled 116300.00 116100.00 116300.00 110500.00 HUF/Month [+]



Hungary Gross Average Wages Growth Notes

Gross wage measures the year over year change in gross monthly average earnings of full-time employees in the national economy. . This page provides - Hungary Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Gross Average Wages Growth - actual data, historical chart and calendar of releases - was last updated on January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
5.40 6.70 26.19 -5.30 1999 - 2016 percent Monthly
NSA



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