Hungary’s gross average wages increased by 9.7% year-on-year to HUF 704,000 in June 2025, following a 7.8% growth in the previous month. The wage increase was mainly driven by faster rises in all the sectors, including the private (9.7% vs 7.4% in May), public (9.5% vs 9%), and non-profit sectors (10.7% vs 8.3%). Without the impact of one-off payments and bonuses, June’s wages were 9.5% higher than in the same period a year ago at HUF 655,600. Considering the first six months of the year, average gross wages went up by 9.2%. source: Hungarian Central Statistical Office
Wages in Hungary increased 9.70 percent in June of 2025 over the same month in the previous year. Wage Growth in Hungary averaged 9.22 percent from 1999 until 2025, reaching an all time high of 31.40 percent in February of 2022 and a record low of -5.30 percent in January of 2009. This page provides - Hungary Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Gross Average Wage Growth - data, historical chart, forecasts and calendar of releases - was last updated on September of 2025.
Wages in Hungary increased 9.70 percent in June of 2025 over the same month in the previous year. Wage Growth in Hungary is expected to be 7.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary Gross Average Wage Growth is projected to trend around 5.50 percent in 2026, according to our econometric models.