Hungary Wage Growth

Last Release

Feb 28, 2025

Actual

9.3

Units In

Frequency

Monthly

Next Release

May 20, 2025

Time to Release

1 Months 0 Days 0 Hours

Highest	Lowest	Average	Date Range	Source
31.1 Feb 2022	-5.3 Jan 2009	9.21 %	1999-2025	Hungarian Central Statistical Office

Gross wage measures the year over year change in gross monthly average earnings of full-time employees in the national economy.

Latest Updates

Hungary's gross average wages increased by 9.3% year-on-year to HUF 661,400 in February 2025, slowing from a 10.4% gain in the previous month. This marked the weakest growth in wages since February 2023, as wage growth eased across all sectors, namely; public (9.5% vs 11.8% in January), private (9% vs 9.9%), and non-profit (10.7% vs 11.9%). Without the impact of one-off payments and bonuses, February’s wages were 9.4% higher than in the same period a year ago at HUF 632,500. Considering the January-February period, average gross wages rose by 9.8%