Gross wages rose by 7.6% year on year in July and net wages went up by 9.1% from a year earlier, the Central Statistics Office (KSH) said on Friday.In the first seven months of the year, gross wages went up by 10.4% year on year, while net wages rose by 11.2%. The corresponding figures for January-June were 10.9% and 11.6%.
According to portfolio.hu's calculations, real wages rose by 7.2% year on year in January-July and 3.4% in July alone, after a 4.5% increase in June.
The KSH announced in mid-March that from this year on they would publish real wage data only on a quarterly basis. The figures are to be released every May, August, November and February.
Gross average wage in the whole economy was HUF 156,150 in January-July, up 10.4% from the same period of 2004. In July alone gross average wage was HUF 151,406, up 7.6% year on year but down from HUF 155,657 in the previous month.
Gross average wage in the private sector was HUF 144,085 in the first seven months, representing a 7.2% rise in annual terms. The rise in July alone came to 6.5% year on year. Gross average wage in the public sector leaped by 16.9% year on year to HUF 185,295 in January-July, and rose 9.8% to HUF 166,621 in July. In the previous month, employees in the public sector earned HUF 174,035 on average.
Net average wage in the whole economy was HUF 102,034 in January-July, up 11.2% year on year. In July alone net average wage rose 9.1% to HUF 99,710, which, however, was down from HUF 101,770 in June.
Net average wage in the private sector rose 8.6% year on year to HUF 96,222 in the first seven months and was up 8.0% at HUF 96,738 in July.
Net average wage in the public sector jumped 16.9% to HUF 116,039 in January-July and increased by 11.4% year on year to HUF 107,070 in July alone.
The number of employed in the whole economy totalled 2.786 million in January-July, down 0.1% from a year earlier. In July alone the number of employed dropped by 0.3% year on year to 2.798 million.
The number of employed in the private sector edged up by 0.3% year on year, but was down 1.3% in the public sector in January-July.
Source: Portfolio.hu
16.09.2005