256 result(s) for wage rise
Economy Ministry: Growth Creating Conditions For Tax Cuts In Hungary
- 3 May 2017 10:00 AM
- finance
From 2013 onward economic growth in Hungary has outstripped the average rate in the European Union and this is expected to remain the case this year and next, creating the conditions for tax cuts and higher spending, an economy ministry official said on Wednesday.
Divided Opposition Parties United In Call For Change In Government At May Day Celebrations
- 3 May 2017 9:00 AM
- current affairs
Each of Hungary’s opposition parties held gatherings Monday for International Workers’ Day, where the parties’ leaders called for the ruling Fidesz government to be defeated in 2018 elections.
Budapest Transport Workers To Receive Average 15% Wage Hike
- 2 May 2017 7:00 AM
- getting around
Budapest’s public transport company BKV will grant its employees a wage hike of average 15% under an agreement reached by the management and trade unions on Friday, Budapest Mayor István Tarlós announced. According to the mayor, basic salaries will be increased by 10%, by at least monthly 28,000 forints each.
February Retail Sales Rose 0.8 Pc In Hungary
- 24 Apr 2017 1:00 AM
- shopping
Retail sales in Hungary climbed 0.8 percent year-on-year in February, the Central Statistical Office (KSH) said in the second reading of data released on Monday. Retail sales rose by 0.9 percent when adjusted for the calendar year effects. The unadjusted and adjusted figures were revised downwards from those published in the April 4 first reading of the data, from 1.0 percent and 1.2 percent ...
Gross Wages Climb 10.7% In February
- 21 Apr 2017 7:00 AM
- business
The average gross wage in Hungary rose by 10.7% year-on-year to 274,800 forints (EUR 848) in February, the Central Statistical Office (KSH) said. Net wages grew at the same rate as gross wages, also climbing by 10.7% to 182,700 forints (EUR 582.9).
IMF Raises Hungary GDP Growth, Inflation Forecasts For 2017 And 2018
- 19 Apr 2017 8:00 AM
- business
The International Monetary Fund increased its projection for economic growth in Hungary for this year and the next and also raised its forecasts for annual average inflation for both years in its fresh World Economic Outlook published on Tuesday.
Boosting Economy Key To Higher Wages
- 11 Apr 2017 7:00 AM
- business
Brussels has no means to close the wage gap between Hungary and the rest of the European Union, Fidesz lawmaker Erik Bánki told a news conference ahead of a parliamentary debate of a proposal by the radical nationalist Jobbik party to bump up wages to the EU average.
Trade Association: Prices Could Rise Due To Planned Legislation
- 20 Mar 2017 5:58 AM
- current affairs
The government’s new legislation proposal regarding trade will hold back development and could result in rising retail prices for certain products, the Hungarian Trade Association (OKSZ) said. Professional organisations were not consulted during the preparation of the proposal which obstructs the implementation of modern organisational methods and infringes upon the rights of consumers and the ...
Hungary CPI Picks Up To 2.9% In February
- 9 Mar 2017 5:40 AM
- business
Consumer prices in Hungary rose by an annual 2.9% in February, accelerating from a rise of 2.3% in January to just under the central bank’s mid-term “price stability” target. Emerging market analysts in London had forecast February CPI at 2.8-2.9%.
Economy Ministry: Growth Creating Conditions For Tax Cuts In Hungary
- 3 May 2017 10:00 AM
- finance
From 2013 onward economic growth in Hungary has outstripped the average rate in the European Union and this is expected to remain the case this year and next, creating the conditions for tax cuts and higher spending, an economy ministry official said on Wednesday.
Divided Opposition Parties United In Call For Change In Government At May Day Celebrations
- 3 May 2017 9:00 AM
- current affairs
Each of Hungary’s opposition parties held gatherings Monday for International Workers’ Day, where the parties’ leaders called for the ruling Fidesz government to be defeated in 2018 elections.
Budapest Transport Workers To Receive Average 15% Wage Hike
- 2 May 2017 7:00 AM
- getting around
Budapest’s public transport company BKV will grant its employees a wage hike of average 15% under an agreement reached by the management and trade unions on Friday, Budapest Mayor István Tarlós announced. According to the mayor, basic salaries will be increased by 10%, by at least monthly 28,000 forints each.
February Retail Sales Rose 0.8 Pc In Hungary
- 24 Apr 2017 1:00 AM
- shopping
Retail sales in Hungary climbed 0.8 percent year-on-year in February, the Central Statistical Office (KSH) said in the second reading of data released on Monday. Retail sales rose by 0.9 percent when adjusted for the calendar year effects. The unadjusted and adjusted figures were revised downwards from those published in the April 4 first reading of the data, from 1.0 percent and 1.2 percent ...
Gross Wages Climb 10.7% In February
- 21 Apr 2017 7:00 AM
- business
The average gross wage in Hungary rose by 10.7% year-on-year to 274,800 forints (EUR 848) in February, the Central Statistical Office (KSH) said. Net wages grew at the same rate as gross wages, also climbing by 10.7% to 182,700 forints (EUR 582.9).
IMF Raises Hungary GDP Growth, Inflation Forecasts For 2017 And 2018
- 19 Apr 2017 8:00 AM
- business
The International Monetary Fund increased its projection for economic growth in Hungary for this year and the next and also raised its forecasts for annual average inflation for both years in its fresh World Economic Outlook published on Tuesday.
Boosting Economy Key To Higher Wages
- 11 Apr 2017 7:00 AM
- business
Brussels has no means to close the wage gap between Hungary and the rest of the European Union, Fidesz lawmaker Erik Bánki told a news conference ahead of a parliamentary debate of a proposal by the radical nationalist Jobbik party to bump up wages to the EU average.
Trade Association: Prices Could Rise Due To Planned Legislation
- 20 Mar 2017 5:58 AM
- current affairs
The government’s new legislation proposal regarding trade will hold back development and could result in rising retail prices for certain products, the Hungarian Trade Association (OKSZ) said. Professional organisations were not consulted during the preparation of the proposal which obstructs the implementation of modern organisational methods and infringes upon the rights of consumers and the ...
Hungary CPI Picks Up To 2.9% In February
- 9 Mar 2017 5:40 AM
- business
Consumer prices in Hungary rose by an annual 2.9% in February, accelerating from a rise of 2.3% in January to just under the central bank’s mid-term “price stability” target. Emerging market analysts in London had forecast February CPI at 2.8-2.9%.
















